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.

Dec 17, 2020 17:12
TORONTO: Canadian online and mobile gaming platform i3 Interactive Inc. has closed a previously announced transaction to acquire a controlling interest in Indian online poker brand “Indian Poker Operation”. 
Dec 17, 2020 17:12
NEW DELHI: Wellversed, which lays claim to being India’s first full-stack nutrition company, has acquired Sportfit, a fitness coaching company that enables health outcomes through physical activities and diet counseling. 
Dec 15, 2020 19:12
NEW DELHI: Edtech startup Classplus on Monday announced former Indian cricket captain, Sourav Ganguly as its brand ambassador and nationwide celebrity endorser.
Dec 15, 2020 18:12
MUMBAI: Serial entrepreneur and film producer Ronnie Screwvala has announced that his RSVP Movies, along with Blue Monkey Films, will bring the story of hockey legend Dhyan Chand to the big screen.  Screwvala is collaborating with Abhishek Chaubey as director and Premnath Rajagopalan as co-producer for the biopic, which goes on the floors in 2021 and is slated to hit theatres in 2022. 
Dec 14, 2020 17:12
REDWOOD CITY, Calif.: Electronic Arts Inc. announced Monday that it has reached an agreement with the board of Codemasters for the recommended acquisition of the UK-based game developer and publisher. 
Dec 14, 2020 15:12
LONDON: McLaren Group announced Sunday that it has signed a deal to attract significant new long-term investment into McLaren Racing led by MSP Sports Capital, the US-based sports investment group, to help drive its plan to return to the top in Formula 1 and continue its growth as a global sports franchise. 
Dec 11, 2020 18:12
MUMBAI: The Maharashtra cabinet on Wednesday approved a draft bill for the constitution of an international sports university, an official statement said. The state government had announced in the budget that such a university would be set up. The bill will be introduced in the Winter Session of the State Legislature next week, said a statement from Chief Minister Uddhav Thackeray's office.
Dec 11, 2020 15:12
MUMBAI: A little over a year after The Walt Disney Company launched its streaming service Disney+, it was the media behemoth's plans for its direct-to-consumer business that was front and centre at its 2020 Investor Day event on Thursday. 
Dec 10, 2020 12:12
BENGALURU: WestBridge Capital, under the umbrella of its public charitable trust, WestBridge Charitable Foundation, is set to launch a chess fellowship program, in partnership with chess maestro and former world champion, Grand Master Viswanathan Anand, establishing the WestBridge-Anand Chess Academy (WACA).
Dec 08, 2020 11:12
The Knight Riders Group, majority owned by Bollywood superstar, Shah Rukh Khan, has agreed to a major investment in American cricket in partnership with American Cricket Enterprises (ACE) The long-term strategic partnership will include financial investment and significant expertise to help ACE develop and launch Major League Cricket in the USA