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.

Mar 27, 2019 15:03
NEW DELHI: American sports apparel company Under Armour Inc may be coming in late to this market but believes it has the "advantage of not being up against legacy" in its efforts to catch up with the dominant international names in the Indian game - Puma, adidas, Reebok and Nike.
Mar 22, 2019 14:03
In a wide ranging and extensive interaction with SportzPower conducted just ahead of the March 20 announcement of The Walt Disney Company closing its $71.3 billion acquisition of 21st Century Fox, SANJAY GUPTA, managing director of Star India, offers a detailed overview of the critical role sports plays in the business of India’s largest broadcast network.
Mar 20, 2019 11:03
NEW YORK: At 12:02 a.m. Eastern Time (9.32 a.m. IST) Wednesday, The Walt Disney Company’s $71.3 billion acquisition of 21st Century Fox became effective.
Mar 19, 2019 18:03
MUMBAI: Online daily fantasy sports startup HalaPlay has secured Rs 400 million in the funding round led by the Nazara Technologies and Delta Corp India. The company has been looking out for the different opportunities in the interactive sports verticals and has also invested in the likes of Mastermind Sports Limited and Moonglabs Technologies.
Mar 19, 2019 13:03
MUMBAI: A day ahead of the schedule set by The Walt Disney Company to close its $71.3 billion acquisition of most of 21st Century Fox (12:02 a.m. Eastern Time on Wednesday, March 20), comes the confirmation that Rupert Murdoch's youngest son James is independently setting up shop in India.
Mar 15, 2019 15:03
MUMBAI: India’s largest digital video streaming platform, Hotstar has received a new set of funds worth Rs 10.66 billion ($153 million) from Star India’s India and USA subsidiaries in total according to paper.vc, the online business intelligence platform.
Mar 14, 2019 15:03
MUMBAI: Bennett Coleman and Company Limited (BCCL) or The Times Group, India’s largest media conglomerate, announced Thursday that its strategic investment arm, Brand Capital has invested in Machaao Inc., a global digital sports media company.
Mar 07, 2019 12:03
MUMBAI: ITW Digital, the media arm of ITW Consulting, has opted to sell Veqta Sports, India’s first sports-specific live streaming and VOD service to Gurgaon-based OTT solutions provider MultiTV, Television Post reports.
Mar 05, 2019 16:03
MUMBAI: After "looking at India" for nearly two years now, City Football Group, the holding company that owns Manchester City, will invest in an Indian club this year, CFG chief executive Ferran Soriano has confirmed. Aside from the Premier League title holders, CFG also owns parts of clubs in the United States, Australia, Japan, Spain, Uruguay and China.
Mar 02, 2019 11:03
A week ahead of SPORTELAsia 2019 Macau, LAURENT PUONS, CEO, Monaco Mediax/IMAGINA, shares with SportzPower his expectations from this year's spring edition of the world’s biggest sports media convention.