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.

Sep 17, 2020 17:09
ZURICH: World football's governing body FIFA estimates that the negative impact of the disruption wreaked by the COVID-19 pandemic in 2020 to be around $14 billion.     “The estimated impact of the disruption was around $14 billion,” Olli Rehn, who chairs the FIFA COVID-19 Relief Plan Steering Committee and who acts as FIFA Governance Committee deputy chairman, has stated. 
Sep 16, 2020 17:09
MUMBAI: Close on the heels of raising $225 million in primary and secondary investment, sports technology company Dream Sports, parent firm of fantasy gaming platform Dream11, is reportedly in talks to acquire Bengaluru-based e-sports platform SoStronk. Moneycontrol, which reported on the development, could not offer clarity on the exact size of the SoStronk deal.
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.