Investments

DALLAS, TX: Pickleball, billed as America’s fastest-growing sport, is going after a new frontier - India. The United Pickleball Association (UPA), which was created after a merger between Major League Pickleball and the Professional Pickleball Association in the US last February, and India-based Global Sports have inked a deal to bring the PPA Tour and Major League Pickleball to the country.

As a part of the partnership, the organizations will launch key initiatives to the country, promoting the rapidly-growing sport to a young market. 

Jun 15, 2021 12:06
NEW YORK: Luxury ecommerce platform Saks has appointed NBA All-Star James Harden as an independent member of its board. 
Jun 15, 2021 12:06
MUMBAI: GroupM has released its "This Year Next year: Global Mid-Year Media Forecast", and reports that midway through 2021, advertising growth for the year is far exceeding previous expectations thanks, in no small part, to the pandemic. This has led to a major revision of GroupM's global forecast for this year and beyond. 
Jun 14, 2021 16:06
MUMBAI: Dentsu International has announced the launch of its sports marketing unit in India. The launch is supported by Dentsu Sports International (DSI) - headquartered in Tokyo, and Dentsu Sports Asia (DSAsia), Singapore.
Jun 14, 2021 13:06
NEW DELHI: TCM Sports Management has appointed Sudip Roy as executive vice president – New Business. Roy will be responsible for developing revenue strategies for the full service sports marketing and management company's new business verticals - digital platforms, branded content opportunities in sports, new IPs & sports events, media partnerships – agencies & media owners.
Jun 09, 2021 18:06
BENGALURU: Tablez - a leading Abu Dhabi-based retail and F&B group with a substantial presence in India, has announced its decision to launch a proprietary retail chain of toys by rebranding its existing toy stores into spaces of experience and entertainment for kids and parents.
Jun 09, 2021 10:06
PRIVATE EQUITY FIRM CVC Capital Partners would reportedly consider picking up a minority stake worth $600 million IF the men’s and women’s professional tennis tours were to be merged.
Jun 09, 2021 09:06
KOCHI: Indian Super League franchise Kerala Blasters FC declared Tuesday that all "necessary actions have been taken to clear pending obligations" in the wake of receiving a letter from FIFA stating that the club has been banned from signing players in the upcoming transfer window.  The Yellow Army is set to sign Serbian Ivan Vukomanovic as head coach as they prepare for the new season.
Jun 08, 2021 13:06
BENGALURU: Tata Digital Ltd, a wholly owned Tata Group subsidiary, on Monday announced it has agreed to invest up to $75 million in fitness startup CureFit. Mukesh Bansal, co-founder and chief executive officer (CEO) of CureFit Healthcare Pvt. Ltd, will continue as CEO and also take up an executive role at Tata Digital as president. 
Jun 08, 2021 12:06
LONDON: Electric Sea Racing Limited (E1 Series) and Saudi Arabia's Public Investment Fund (PIF) have entered into a partnership that will see PIF support in creating the world’s first electric powerboat racing championship.
Jun 07, 2021 11:06
LOS ANGELES: TSM, the premier global esports organization, today announced a $210 million, multi-year partnership deal split between FTX Trading Limited and West Realm Shires Services Inc, owners and operators of FTX.com and FTX.US respectively.  FTX.US has partnered with TSM in relation to the US, and FTX.com internationally.