Investments

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. 

Sep 15, 2020 16:09
MUMBAI: IIFL Finance has launched its latest brand campaign featuring cricketer Rohit Sharma, to communicate the value and meaning of ‘Seedhibaat’, that is, straight talk.  Rohit Sharma is IIFL Finance’s first-ever Brand Ambassador.
Sep 15, 2020 16:09
KOLKATA: Under the aegis of East Bengal Football Club Private Limited, Kolkata giants East Bengal FC on Tuesday submitted their bid document seeking entry into the Hero Indian Super League from the upcoming season. While the onine submission was made Monday, the physical copy is set to reach the ISL authorities by Tuesday.
Sep 14, 2020 16:09
MUMBAI: Sports technology company Dream Sports, which has fantasy sports platform Dream11, multisports aggregator platform FanCode and sports accelerator program DreamX in its portfolio, has raised $225 million in primary and secondary investment led by Tiger Global Management, TPG Tech Adjacencies (TTAD), ChrysCapital and Footpath Ventures at a reported valuation of over $2.5 billion.
Sep 11, 2020 18:09
NEW DELHI: Wolfson Brands has invested an undisclosed amount in Nutrafy India to grow its footprint in the Indian subcontinent.  The partnership will see the company pave the way in India for its health, sports nutrition and beauty brands.
Sep 09, 2020 19:09
NEW DELHI: SportsCloud International (SCI), headquartered in Eindhoven, The Netherlands, Wednesday announced the opening of its second international office in India. 
Sep 08, 2020 18:09
NEW DELHI: Sports community platform Rooter has announced a strategic partnership with Stradigi AI, a North American AI software company.  This partnership will enable Rooter to augment its platform, improve news feeds and focus on more advanced user experiences using billions of unique data points.
Sep 08, 2020 16:09
LONDON: Six-Time Formula One World Champion, Lewis Hamilton, Tuesday announced the creation of his very own race team, X44, which will make its debut in Extreme E, the groundbreaking new electric off-road racing series. Named with reference to Lewis’s own racing number, X44 will enter Season 1 of the Extreme E Championship, with its first X Prix race scheduled to take place in early 2021.
Sep 07, 2020 20:09
MUMBAI: Cricket commentator Harsha Bhogle has invested an undisclosed amount in Fantasy Akhada, and will be the fantasy sports startup’s face for the next two years. 
Sep 04, 2020 20:09
MUMBAI: The prevalant talk that East Bengal, in the wake of getting on board a controlling investor in Shree Cement, would be joining the Hero Indian Super League from the upcoming season itself, can be taken as good as confirmed now. ISL organisers Football Sports Development Limited have invited bids from 'interested parties' to add a team in the upcoming ISL season. 
Sep 04, 2020 17:09
LONDON: City Football Group has announced that Espérance Sportive Troyes Aube Champagne (ESTAC), in France’s Ligue 2, has become its tenth club, following DNCG review of the acquisition.  This marks Abu Dhabi-owned CFG’s continued investment and expansion into global football and its strategy to develop clubs, players and academies and share knowledge across them.