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Esports media platform TalkEsport raises $1m pre-series A funding

Last updated : May 02, 2024 18:05

SportzPower Team

May 01, 2024 20:05

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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 18, 2018 16:08

Smaaash looking to raise Rs2bn+ from US investors: Report

MUMBAI: Smaaash Entertainment Private Limited, the Indian virtual sports and entertainment firm controlled by serial entrepreneur Shripal Morakhia, is planning to raise anywhere between $25 million (Rs 1.75 billion) and $30 million (Rs. 2.1 billion approx) from investors in the USA, Economic Times reports.

Aug 17, 2018 17:08

Coca-Cola takes aim at Gatorade with BodyArmor investment

NEW YORK: Coca-Cola has acquired a minority ownership stake in red-hot American sports drink sports brand BodyArmor, the ultimate aim being to make a dent in the overwhelming dominance that rival PepsiCo's Gatorade has in the high value segment.

Aug 17, 2018 17:08

Rooter selected for 2018 leAD Sports Accelerator program

NEW DELHI: Indian live sports social engagement platform Rooter has been chosen amongst the finalists of the 2018 leAD Sports Accelerator Program. Under the program, leAD provides high-potential sports start-ups, from seed to fully-functioning profitable ventures, access to input sessions and opportunities for personal mentorship, strategic business networking, direct investment, and follow-up investment.

Aug 17, 2018 17:08

ITF AGM clears Davis Cup reforms with 2/3 majority

LONDON: National tennis federations have voted overwhelmingly in favour of "transformational" proposals to revamp the Davis Cup and turn it into a season-ending 18-team event. A two-thirds majority among the 140 nations was needed at the International Tennis Federation's (ITF) annual general meeting.

Aug 08, 2018 18:08

Tokyo 2020 to get $121.7bn investment: Olympics Minister

TOKYO: Japanese Minister Shunichi Suzuki has claimed that hosting the Olympic and Paralympic Games in 2020 in the country would cost 1.35 trillion Japanese Yen ($121.7 billion), Japan Times reports. The city of Tokyo and the Organizing Committee of the Games will be contributing 600 billion Yen ($54 billion) each while the national government will be granting a subsidy of 150 billion Yen ($1.35 billion).

Aug 07, 2018 15:08

MS takes 25% stake in sporting talent app Run Adam

MUMBAI: Close to eight months after MS Dhoni announced that he was partnering Run Adam, the former India captain has taken a 25% stake in the analytics-based app that has the stated aim of supporting and developing sporting talent in India.

Jul 31, 2018 17:07

Pvt equity firm Apax acquires sports data company Genius

LONDON: Private equity firm Apax Partners LLP Monday announced a definitive agreement to acquire sports data technology company Genius Sports Group. The stake was acquired from Genius Sports' founders, management, funds advised by Three Hills Capital Partners and other minority shareholders. The transaction is expected to close in Q3 2018. Financial terms were not disclosed.

Jul 25, 2018 14:07

Tech industry vet Meg Whitman invests in eSports outfit Immortals

LOS ANGELES: Global eSports organization Immortals announced Tuesday that Meg Whitman, former CEO of Hewlett Packard and eBay, made a significant investment in the company, her first in eSports, and had been named to Immortals’ board of directors. Neither the quantum of investment, nor the amount of stake Whitman was being offered, were disclosed.

Jul 25, 2018 13:07

Canadian billionaire set to take over Force India: Report

MUMBAI: Formula 1’s Sahara Force India team is set to undergo a change in ownership as top Canadian investor Lawrence Stroll is said to have successfully negotiated a deal with the team’s embattled co-owners, Vijay Mallya and Subrata Roy. The exact nature of the deal is yet to be officially announced, according to a NDTV report.

Jul 24, 2018 13:07

GroupM offloads IEG to Engine Shop

NEW YORK: American sports and entertainment marketing agency Engine Shop announced Monday the acquisition of sponsorship valuation services company IEG, its annual Sponsorship Conference, and ESP Properties’ US brand advisory firm from GroupM.

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