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 13, 2019 13:12
MUMBAI: "India is not one country in terms of the football market but ‘a subcontinent’ with football markets operating differently everywhere. And given the size of the country, a 20-team league is not impossible in the next 10 years."  
Nov 28, 2019 20:11
MUMBAI: City Football Group (CFG), which owns Premier League champions Manchester City, was Thursday announced as the majority stakeholder of Indian Super League (ISL) club Mumbai City FC. Though financial terms were not divulged, CFG now holds a 65% majority stake in the club, while co-owners Bimal Prekh and Ranbir Kapoor retain the remaining 35% shares.
Nov 28, 2019 11:11
MUMBAI: City Football Group, parent company of English Premier League champions Manchester City FC, Thursday confirmed the buyout of Indian Super League franchise Mumbai City FC.
Nov 27, 2019 17:11
LOS ANGELES: International soccer icon Zlatan Ibrahimović will continue his relationship with AEG, the world’s leading sports and live entertainment company, by acquiring 50% of AEG’s ownership interest in Hammarby Fotboll, one of the largest and most well-known soccer clubs in Sweden.  The Stockholm-based club competes in Sweden’s first tier Allsvenskan and plays its home matches at Tele2 Arena.
Nov 27, 2019 13:11
MANCHESTER: City Football Group, parent company of English Premier League champions Manchester City FC, has concluded a major investment deal with tech investment giants Silver Lake. United States-based Silver Lake has signed a definitive agreement to make a $500 million equity investment, equivalent to just over 10% of the company’s post-investment value.
Nov 06, 2019 17:11
NEW YORK: Bruin Sports Capital (Bruin), the privately held global investing, operating and holding company Tuesday announced a wide-ranging, long-term strategic partnership with private equity firms CVC Capital Partners (CVC) and The Jordan Company (TJC). 
Oct 29, 2019 16:10
DA NANG, Vietnam: The Asian Football Confederation (AFC) will mark the start of a new era of national and club team competitions by further investing in the AFC Women’s Asian Cup and the AFC Champions League.
Oct 15, 2019 06:10
LONDON: UK-based investment firm Hiro Capital has launched a €100 million VC fund focused on games, esports, and digital sports companies.  Leading a team with more than 100 years collective experience in these sectors, the partners will use the fund to accelerate the growth of about 20 UK and European "games and sports innovators".
Oct 09, 2019 19:10
MUMBAI: The franchise-based X1 Racing League - a concept brought to fruition within an 18-month time frame by Indian racers Armaan Ebrahim and Aditya Patel - will hit circuits on November 30-December 1 in New Delhi and December 7-8 in Chennai. The six-team league, which revealed the names of five of six franchise owners at a launch event here Wednesday, will be powered by JK Tyre Motorsport.
Oct 04, 2019 06:10
MIAMI: The world's first dedicated esports racing arena will be built by Millennial Esports Corp in Miami with the state-of-the-facility scheduled to open in 2020.