Investments

Sony, Natekar Sports to invest $10m+ in World Pickleball League

SportzPower Team
May 09, 2024 21:05

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.

Feb 29, 2020 17:02
Ganguly-backed Flickstree secures $3m investment: Report
MUMBAI: Flickstree, an artificial intelligence-powered video publisher network, has raised $3 million in a Series A round led by Samsung Venture Investment.  LionRock Capital, Accretio Investments, Venture Catalysts, angel investor LD Sharma and SOSV were among the others who also participated in the round, entrepreneur.com reports.
Feb 28, 2020 18:02
USA Cricket logo
'Minor League' T20 franchise tournament set for US launch
NEW YORK: Ten-odd months after USA Cricket announced a commercial rights agreement with American Cricket Enterprises (ACE) - a special purpose entity that lists Times of India and Willow TV (itself owned by Times Internet) as its promoters - with $ 1 billion committed to growing a Twenty20 league in US, "Phase 1" of the project has been unveiled. 
Feb 25, 2020 17:02
Mukesh Ambani
'Gaming will be bigger than music, movies, TV put together': Ambani
MUMBAI: Reliance Industries Ltd chairman Mukesh Ambani on Monday hinted at what could be the next big bet for RIL in the entertainment space - online gaming. Asia's richest man, in a "fireside chat" with Microsoft Corp CEO Satya Nadella at Microsoft’s Future Decoded Summit here Monday, declared: "Gaming will be bigger than music, movies and television shows put together (in India)."
Feb 19, 2020 18:02
SportsTiger app logo
MyTeam 11 launches multi-sports aggregator app
JAIPUR: Fantasy sports platform MyTeam11 Wednesday announced the launch of their multi-sports aggregator app, SportsTiger.  In launching SportsTiger, MyTeam11 has taken a cue from market leader Dream11, which launched its ad-free multi-sport aggregator platform FanCode in early 2019. The SportsTiger app is now available to users on the App Store (iOS) and Play Store (Android).
Feb 19, 2020 18:02
Digit insurance logo
Virat, Anushka invest in new-age insurance start-up
MUMBAI: Power couple Team India cricket captain Virat Kohli and Bollywood actor Anushka Sharma have invested in new-age insurance start-up Digit, as per filings sourced by CNBC TV18 from business intelligence platform paper.vc.
Feb 18, 2020 16:02
EPL ISL combo logo
ISL, Premier League to 'refresh' mutual cooperation agreement
MUMBAI: The Premier League and the Hero Indian Super League (ISL) are bringing the second edition of the Youth Games to Mumbai starting on Monday 24 February. 
Feb 18, 2020 14:02
St Lucia Zouks CPL logo
KXIP promoter co. acquires CPL side St. Lucia Zouks
MUMBAI: KPH Dream Cricket Private Limited, the holding company that owns and operates Indian Premier League franchise Kings XI Punjab, has added Caribbean Premier League team St Lucia Zouks to its portfolio.
Feb 14, 2020 17:02
Odisha FC owner trashes East Bengal takeover talk
BHUBANESWAR: Rohan Sharma, owner of Indian Super League franchise Odisha FC, on Thursday dismissed speculation of a possible tie-up / takeover of Kolkata's East Bengal on the lines of what the RPSG Group, principal owner of ISL club ATK, had done recently with the acquisition of the country’s oldest club, Mohun Bagan.
Feb 13, 2020 18:02
Haryana to host golf meet to pitch for Japanese investment
GURUGRAM: In order to strengthen business ties with Japan, the government of Haryana is going to organize Golf Meet 2020 event on Saturday, 15th February, here. 
Feb 12, 2020 15:02
PSA invests in sports technology company
LONDON: The Professional Squash Association (PSA) has announced Tuesday that it has made an investment in Munich-based sports technology company Fun With Balls in a further example of the organisation’s commitment to adopting new technology to help grow the sport.
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