Investments

US pro pickleball assn signs first international deal in India

SportzPower Team

Apr 26, 2024 20:04

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DALLAS, TX: Pickleball, billed as America’s fastest-growing sport, is going after a new frontier - India. The United Pickleball Association (UPA), which was created after a merger between Major League Pickleball and the Professional Pickleball Association in the US last February, and India-based Global Sports have inked a deal to bring the PPA Tour and Major League Pickleball to the country.

As a part of the partnership, the organizations will launch key initiatives to the country, promoting the rapidly-growing sport to a young market.

Oct 30, 2020 17:10

Nutrition brand Wellversed onboards Yuvraj Singh as investor

NEW DELHI: Former Indian all-rounder and World Cup winner Yuvraj Singh has invested in India’s first full-stack nutrition brand, Wellversed. The all-rounder will also come on board as brand ambassador for 3 years and will be closely working with the founding team to scale the business. With this round of funding, the nutrition-based healthcare startup has achieved a valuation of close to Rs 1 billion.

Oct 28, 2020 11:10

Callaway to acquire Topgolf Entertainment at $2bn valuation

CARLSBAD, Calif.: Callaway Golf Co. and Topgolf Entertainment Group Tuesday announced that the companies have entered into a definitive merger agreement.

Oct 27, 2020 20:10

Team Vitality confirms India esports expansion intent

MUMBAI: French esport organization Team Vitality has confirmed plans to expand into India Monday via a post on their new country specific Instagram handle. It was in December 2019 that the organisation's chief marketing officer Florent Gutierrez had first indicated to popular Indian YouTuber Rawknee about their plans to enter the Indian market.

Oct 23, 2020 18:10

FanCode acquires FanDuniya to buttress data analytics

MUMBAI: Multi-sport digital content aggregator FanCode has acquired FanDuniya, a sports research platform, to accelerate the growth and development of its research and statistics service for its users.

Oct 23, 2020 17:10

Michael Jordan’s Nascar team has name, number: 23XI Racing, No.23

NEW YORK: Michael Jordan’s venture into NASCAR with Cup Series driver Denny Hamlin has a name and a number — 23XI Racing and the No. 23 — for the 2021 season. Jordan and Hamlin announced the details Thursday for the car that Bubba Wallace will drive next year. Other details, including manufacturer affiliation, are to be announced.

Oct 21, 2020 12:10

Salman Khan's kin buy LPL franchise; all 5 teams sold

MUMBAI: Bollywood star Salman Khan's family has bought the Kandy Tuskers franchise in the upcoming Lankan Premier League (LPL), reports Time of India. The tournament that saw its player draft conducted over the last two days is slated to kick off its inaugural edition on November 21.

Oct 08, 2020 16:10

W2O acquires influencer & entertainment mkting agency starpower

SAN FRANCISCO: W2O, an independent provider of analytics-driven, technology-enabled marketing and communications solutions, has acquired entertainment and influencer marketing agency starpower.

Oct 08, 2020 15:10

Mercedes to 'intensify' AMG brand's links with F1 from 2021

STUTTGART, Germany: AMG, the 'high performance sub-brand' of Mercedes, will "intensify" its links with Formula 1 from 2021, the German luxury carmaker announced Tuesday. The AMG announcement was part of a Mercedes-Benz strategy update, which will see extra emphasis put on Mercedes' sub-brands AMG, Maybach, G and EQ.

Oct 06, 2020 11:10

Mohammedan Sporting offloads 50% stake to new investor

KOLKATA: Mohammedan Sporting Club on Monday announced Gurgaon-based company Bunkerhill Private Limited as their new investors. Bunkerhill have taken a 50% stake in the storied club, Goal reports.

Oct 02, 2020 17:10

XFL announces 'return to the field' in 2022

STAMFORD, Conn.: The XFL Thursday announced that the league will return to the field for the 2022 season. The new ownership group and league executives are in the process of finalizing next steps for the relaunch with more details to be shared in the coming weeks and months.

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