Investments

Jaguar Land Rover confirms long-term commitment to Formula E

Last updated : Jul 23, 2021 20:07

SportzPower Team

Jul 23, 2021 19:07

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GAYDON, United Kingdom: Jaguar Land Rover has officially confirmed Jaguar Racing’s long-term future to the Gen3 era of the ABB FIA Formula E World Championship – set to commence in the 2022/23 season.

Jaguar Racing’s race-winning motorsport operation will help Jaguar Land Rover develop new sustainable technologies and set new benchmarks in quality with its partners, and support Jaguar’s renaissance as an all-electric luxury brand from 2025.

Jul 22, 2021 18:07

Ire against East Bengal club officials to fore as fans clash

THE ANGER THAT HAS STEADILY BEEN BUILDING UP against the legacy officials of SC East Bengal over their refusal to sign the final agreement that would officially transfer operational and executive power to the 100-year-old club's investor Shree Cement unravelled into open confrontation on Wednesday.

Jul 21, 2021 16:07

Fitness app HealthifyMe raises $75m, to tap N America market

MUMBAI: Leading AI health and fitness app HealthifyMe on Tuesday announced it has raised $75 million (nearly Rs 5.6 billion) in a Series C round led by LeapFrog and Khosla Ventures.

Jul 21, 2021 16:07

Netflix set to expand into gaming arena with mobile video games

MUMBAI: Netflix Inc has confirmed plans to expand beyond its core proposition as a movie and TV streaming service into video gaming. In a letter to investors, the streaming video pioneer formally announced that they were going to expand into gaming, with mobile games as their first port of entry.

Jul 16, 2021 19:07

City Football Group raises $650m debt funding: Report

MUMBAI: Abu Dhabi-owned City Football Group, which owns and operates reigning English Premier League champions Manchester City, has reportedly raised $650 million to fund infrastructure projects. The debt deal will seek to boost investment in its international network of football clubs, UK's Financial Times reports.

Jul 14, 2021 20:07

Shriram Capital is the lead partner for TNPL 2021

Shriram Capital is the lead partner for TNPL 2021 CHENNAI: Financial conglomerate Shriram Capital Limited, Wednesday announced that the company will be the Official Partner for the Tamil Nadu Premier League (TNPL) 2021.

Jul 14, 2021 20:07

Alfa Romeo agree multi-year extension with Sauber to remain in Formula 1

Alfa Romeo agree extension with Sauber to remain in F1

LONDON: The iconic name of Alfa Romeo will remain in Formula 1 beyond this season, after the famous Italian marque announced a multi-year agreement with Sauber which will have “yearly assessments”…

Jul 08, 2021 19:07

Endeavor China acquires Mailman Group sports agency

BEIJING: Endeavor China, subsidiary of a global entertainment, sports and content company Endeavor, Thursday announced the acquisition of Mailman Group. The move signals the company’s continued commitment to servicing clients in China, Asia-Pacific, and beyond looking to excel in the world of sports marketing.

Jul 07, 2021 20:07

UFC inks reported $175m sponsorship deal with Crypto.com

HONG KONG: UFC, the world’s premier mixed martial arts organization, and Crypto.com Wednesday announced a long-term partnership that represents the crypto platform’s latest strategic move to connect with mainstream consumers.

Jul 07, 2021 17:07

Rhiti, Kanodia partner to launch 'Deep Pockets Capital Venture LLP'

MUMBAI: Rhiti Group and Kanodia Group announced a partnership to launch the ‘Deep Pockets Capital Venture LLP’ Wednesday in India to fund, incubate and help budding entrepreneurs "transform their dreams into reality".

Jul 01, 2021 22:07

Sports streamer scores Series A funding from Jordan, others

NEW YORK: Buzzer, an OTT live-sports streaming service, Thursday announced the successful close of a $20 million Series A financing.

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