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.

Jan 30, 2020 19:01
KOCHI: Serie A giants AC Milan are all set to open three international academies in Kerala in collaboration with local company Calicut Sports City LLP this year. 
Jan 27, 2020 20:01
MUMBAI: New York-based investment fund Tiger Global Management, which reportedly has $3.8 billion in hand to fuel its deals, is likely to lead a $500 million funding round in fantasy gaming platform Dream11 at a valuation of $2.5 billion, Livemint reports.
Jan 22, 2020 18:01
MIES (Switzerland): FIBA, the world governing body of basketball, Wednesday announced that it has entered into a strategic partnership agreement with GCBH LP, a US entity backed by a group of experienced sports and media investors, to take Basketball Champions League (BCL) to its next level and reshape the landscape of club competitions in Europe and beyond.  
Jan 20, 2020 19:01
BHUBANESWAR: Odisha Chief Minister Naveen Patnaik on Sunday exhorted startups and entrepreneurs to invest in sports as the state is promoting the sector in a big way.
Jan 17, 2020 20:01
KOLKATA: “We would never sell our club. We will always go by what our fans and members say. They want investors to come but keeping the dignity of the club intact will be our priority. Our members will strive hard to run the club, come what may.” 
Jan 15, 2020 16:01
ATLANTA: Comcast NBCUniversal has announced the launch of SportsTech, a global accelerator for sports technology startups. 
Jan 11, 2020 11:01
As the clock ticks down to the 2020 edition of the country's biggest running event - the Tata Mumbai Marathon - a new partnership that will kick in for event promoters Procam International on race day is with Franklin Templeton. The fund house has come on board as Investment Partner for all of Procam's four running events. 
Jan 10, 2020 19:01
MUMBAI: Coming together in a public show of unity for only the second time in over a decade, television broadcasters under the benner of the Indian Broadcasting Foundation (IBF) on Friday sounded the alarm bell against the Telecom Regulatory Authority of India's new tariff order (NTO 2.0), asserting it would jeopardise content creation, impact jobs and cripple growth - a veritable recipe for disaster.
Dec 27, 2019 17:12
MUMBAI: Procam International, pioneers of distance running events in India, announced its partnership with Franklin Templeton, one of India’s largest fund houses, as Investment Partner for all their four world-class running events. The association is slated to start with Tata Mumbai Marathon (TMM) on January 19, 2020.
Dec 19, 2019 17:12
KOLKATA: Australian pacer Pat Cummins on Thursday became the most expensive foreign signing in the history of the Vivo Indian Premier League when returned to Kolkata Knight Riders which bid a jaw-dropping Rs 155 million for his services.