Investments

MUMBAI: India’s growing reputation as a potential racquet sports hub is all set to get a massive boost with the launch of the World Pickleball League (WPBL), the first-ever professional pickleball league, envisaged by Natekar Sports and Gaming (NSG) and Sony Entertainment Talent Ventures India (SETVI).

NSG, is a company promoted by ‘former Davis Cup star and Arjuna Awardee Gaurav Natekar and his wife, ‘Arati Ponnappa Natekar, also a former India #1 in Tennis. SETVI is a joint venture between Sony Music Entertainment and Sony Pictures Entertainment.

Dec 10, 2020 12:12
BENGALURU: WestBridge Capital, under the umbrella of its public charitable trust, WestBridge Charitable Foundation, is set to launch a chess fellowship program, in partnership with chess maestro and former world champion, Grand Master Viswanathan Anand, establishing the WestBridge-Anand Chess Academy (WACA).
Dec 08, 2020 11:12
The Knight Riders Group, majority owned by Bollywood superstar, Shah Rukh Khan, has agreed to a major investment in American cricket in partnership with American Cricket Enterprises (ACE) The long-term strategic partnership will include financial investment and significant expertise to help ACE develop and launch Major League Cricket in the USA
Dec 07, 2020 15:12
JAIPUR: Hope floats and how that the Indian sports ecosystem is well and truly looking past the doom and gloom that the COVID-19 pandemic has brought on. In a welcome development that has come from "left field" as it were, a new IPL-templated league has announced its arrival on the scene later this month.
Dec 04, 2020 14:12
JOHANNESBURG: Celebrity-based platform myFanPark has announced its merger with Silicon Valley-based celebrity engagement platform, Starsona Inc. 
Dec 01, 2020 19:12
CHICAGO: Sports data and technology company Stats Perform Tuesday announced the acquisition of platforms for creating automated video highlights and real-time alerts from Palo Alto-based tech company Thuuz Sports.  Financial details were not disclosed.
Dec 01, 2020 12:12
MUMBAI: Times Group-owned American Cricket Enterprises (ACE), USA Cricket's commercial rights partner, has confirmed that the Shah Rukh Khan co-owned Knight Rider Sports Pvt Ltd (KRSPL) has been inducted as a "key investor" in Major League Cricket (MLC), the Indian Premier League-templated T20 tournament that is targeting launch in 2022.   
Nov 23, 2020 17:11
MUMBAI: EbixCash, a fully-owned subsidiary of Ebix, has announced that it has acquired a 70 per cent stake in a 1800-person, pan-India BPO company AssureEdge Global Services.
Nov 20, 2020 12:11
COLOMBO: Rahul Sood, a Seattle-based tech entrepreneur and founder of Microsoft Ventures, has joined the ownership group of Jaffna Stallions franchise in the Lanka Premier League (LPL), the team announced Thursday.
Nov 19, 2020 16:11
MUNICH: Deltatre and DFL Deutsche Fußball Liga have extended their Sportec Solutions collaboration and will now bring its offering to the international market.  As part of a renewed agreement, the sports and entertainment technology provider has also taken the majority shareholding in Sportec Solutions, the independent joint venture between Deltatre and the DFL.
Nov 18, 2020 18:11
MUMBAI: Online fantasy gaming platform PlayerzPot announced on Tuesday that it had raised $3 million in a Series A funding round. The brand plans to utilize the money raised to further expand its verticals, introducing various innovative concepts to enhance user experience, make advancements in random mission generator (RMG) and overall brand building.