Investments

MUMBAI:  Esports media platform TalkEsport announced Wednesday the successful closure of its pre-series A funding round, securing an investment of $1 million from Saswat Ventures. 

The investment underscores TalkEsport’s robust growth trajectory and reaffirms its position as a pioneering force in the esports industry.

Aug 31, 2023 17:08
NEW DELHI: Garena, a Singapore-based game developer and digital entertainment arm of Sea Group has announced the return of its popular mobile battle royale game Free Fire in India India. "Free Fire India" is all set to take the nation's video-gaming industry by storm as it will be available to download in the country from September 5.
Aug 30, 2023 18:08
Rohit Ramesh and Sudhir Menon, directors of SkaSports Investments Private Limited, have acquired a minority stake in Cambodian Premier League club Angkor Tiger Football Club, it was announced Wednesday. The Angkor Tiger Football Club represents the city of Siem Reap, globally famous for the Angkor Wat temple and is owned by Japanese businessman and entrepreneur Akihiro Kato.
Aug 29, 2023 21:08
If you can't beat them, join them! At least on the strategywise. Media and entertainment giant Walt Disney, facing a deep erosion in subscriber numbers for its Disney+ Hotstar streaming service in India, will now be offering free cricket on smartphones, Reuters reports.
Aug 23, 2023 19:08
Cricket star Dinesh Karthik and ace squash player Dipika Pallikal have teamed up with Bengaluru-based sports tech startup Fanplay IoT as strategic partners.  The husband-wife duo will help improve Fanplay’s products and plans, guide product development and spread the word about Fanplay globally.
Aug 22, 2023 17:08
MUMBAI: Ultimate Table Tennis has announced Jaipur Patriots, owned by World of Krida Pvt Ltd, as the seventh franchise and the latest addition to the league’s franchise roster.
Aug 22, 2023 17:08
James Murdoch and former Star and Disney India head Uday Shankar backed Bodhi Tree Systems has reportedly increased its stakeholding in Viacom18 by an additional 2.89%. The stake purchase, worth Rs 953.23 crore as per a report by The Economic Times, has raised Bodhi Tree Systems' current holding in Viacom18 to 15.97%.
Aug 17, 2023 19:08
CHENNAI: In a first, the Tamil Nadu government on Wednesday launched the Chennai Formula Racing Circuit that will host India’s first-night street circuit races – Formula 4 Indian Championship and the Indian Racing League – on December 9-10 later this year.  
Aug 16, 2023 20:08
NEW YORK: Manoj Bhargava, founder of 5-hour ENERGY, announced after market trading Monday that he is expanding his media interests by creating a significant media holdings portfolio with stakes in print and online media, television and radio broadcast, production and distribution, and digital advertising delivery:
Aug 16, 2023 18:08
Cricket superstar Virat Kohli has refuted as fake a Times of India report that said that he and his wife Anushka Sharma had invested Rs 19.24 crore for an eight-acre plot in Alibaug to build a farm house.  Kolhi called out TOI on the report on social media platform Instagram.  Sharing a screenshot of the news on Instagram, Kohli wrote, “Bachpan se jo akhbar Padha hai, wo bhi fake news chaapne lage ab.”
Aug 16, 2023 17:08
LAUDERHILL, Florida: The US Masters T10 League, promoted by T Ten Sports Management (TSM), has received a major boost with three American sports stars acquiring equity stakes in the league franchises.