Investments

Agilitas acquires exclusive rights for Lotto brand in India, Oz, SA

SportzPower Team

Apr 19, 2024 20:04

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Indian sports and athleisure company Agilitas Sports has acquired exclusive licensing rights to design, manufacture, and distribute Italian shoe brand Lotto in India, Australia, and soon South Africa for a period of 40 years for an undisclosed fee.

Agilitas Sports, which acquired the rights from WHP Global, is co-founded by former PUMA India and South-East Asia managing director Abhishek Ganguly.

Aug 07, 2019 16:08

FCFL announces Mike Tyson as team owner

LOS ANGELES: The Fan-Controlled Football League (FCFL), the only professional American football league where fans call the shots, including the plays themselves in real-time, has announced legendary boxing champion Mike Tyson as the seventh team owner | fan captain to join the "owner's box".

Aug 06, 2019 15:08

BalleBaazi raises $4m in Series A funding round

MUMBAI: Online fantasy gaming platform BalleBaazi has raised $4 million (approximately Rs280 million) in Series A funding round from two private equity funds based out of Singapore and Delhi.

Jul 29, 2019 19:07

Quess boss set to pull plug on East Bengal: Report

MUMBAI: Quess East Bengal on Sunday kick-started their centenary celebrations with a torch rally at Kumartuli Park in North Kolkata, a place where the club came into existence for the first time in August 1920. Former India skipper Bhaichung Bhutia and Sukumar Samajpati, who captained the club in the early 60s, lit the torch to start the gala celebration.

Jul 19, 2019 15:07

Minerva Punjab in stake sale talks: Ranjit Bajaj

NEW DELHI: Minerva Punjab Football Club are in talks to sell part or half of the club, its combative owner and AIFF bugbear Ranjit Bajaj told Hindustan Times Thursday.

Jul 18, 2019 17:07

Champions Boat League: Kerala Tourism invites franchise bids

KOCHI: Kerala Tourism Department, along with agency consortium led by E factor Entertainment and The Social Street, have invited bid proposals for interested parties to buy nine team franchisees in the inaugural edition of the Champions Boat League (CBL).

Jul 18, 2019 12:07

UNIQLO to set up shop in India; 3 stores in yr 1

NEW DELHI:Japanese global apparel retailer UNIQLO Wednesday announced its plans to make a foray into the Indian market and will open three stores in the first year in Delhi-NCR. Given the size and fast growth of the Indian market, the launch will involve three separate stores. The first of the three UNIQLO stores will open in October in New Delhi, the company said in a statement.

Jul 13, 2019 15:07

Quess Corp subsidiary scores Rs510m Amazon investment

MUMBAI: US-based e-commerce giant Amazon has made an equity investment of Rs 510 million in QDigi, an after-sales support company for electronic products.

Jul 12, 2019 18:07

Nazara acquires SportsKeeda, SportsUnity: Report

MUMBAI: Investment action is heating u and how in the Indian sports content arena and how. A little under three months since fantasy sports platform Dream11 announced the launch of FanCode, an "ad-free multi-sport aggregator platform, offering a wide spectrum of content, commerce and community engagement", rival gaming company Nazara Technologies is making some big moves of its own.

Jul 09, 2019 15:07

Stadium privatisation: Sports Min seeks govt plan details

NEW DELHI: The Sports Ministry has sought a detailed proposal from the Central government about its plans to privatise premium sports infrastructure like the iconic Jawaharlal Nehru Stadium here.

Jul 05, 2019 17:07

Alipay commits $340m to women's football in China

HANGZHOU: Chinese payment and service platform Alipay has committed to investing 1 billion RMB ($340 million) over the next decade into women's football in China.

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