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.

Feb 22, 2024 19:02
NEW YORK: On Location, the Endeavor-owned leader in premium experiences, hospitality, and travel, Wednesday announced it has made a strategic investment in Wiz-Team, a leading event and data management technology solution. 
Feb 22, 2024 18:02
LOS ANGELES: Following a successful event in Aspen last month, X Games has announced that entrepreneur Shaun Neff has officially joined the sports and entertainment brand’s ownership group as an investor and advisor to accelerate the brand’s expansive strategy.
Feb 21, 2024 20:02
MANCHESTER, England: Manchester United plc, and Trawlers Limited, an entity wholly-owned by Jim Ratcliffe, Tuesday confirmed the completion the British billionaire's acquisition of 25% of the club’s Class B shares and 25% of the club’s Class A shares, following the satisfaction of all conditions, including approvals from the Football Association and the Premier League.
Feb 20, 2024 17:02
The leadership at Culver Max Entertainment (aka Sony Pictures Networks India), the Indian media arm of Japan's Sony Group, has reportedly returned to the negotiating table with Zee Entertainment Enterprises Ltd, with the aim of reviving the collapsed $10 billion merger plans, which ZEE has been strongly pushing for. 
Feb 16, 2024 19:02
Despite the collapse of its $10 billion merger plans with Zee Entertainment Enterprises Ltd (ZEE), Sony Corporation has asserted it is aggressively considering alternative opportunities for its India media and entertainment business.
Feb 14, 2024 18:02
SEATTLE: Brooks Running, a subsidiary of Berkshire Hathaway, finished 2023 with record revenue growth of $1.2 billion, up 5% year-on-year, and a record 20 million+ units sold. 
Feb 14, 2024 15:02
Is Zee Entertainment Enterprises Ltd exiting sports? It might well turn out that way? ZEE managing director Punit Goenka, speaking at an investors' call after the network announced its Q3 financial results, has outlined the future course for the Indian media major in the wake of the collapse of its planned $10 billion merger with Culver Max Entertainment (aka Sony Pictures Networks India). 
Feb 07, 2024 20:02
PUMA on Wednesday refuted reports that cricketing superstar Virat Kohli, arguably the country's biggest brand endorser, was switching allegiance from the country's leading athleisure brand to Agilitas Sports Pvt Ltd, a company set up last year by Abhishek Ganguly, its former India MD.
Feb 07, 2024 19:02
It was barely two months ago (November 2023) that cries of doom and gloom were heard from stakeholders in the Indian online real money gaming industry  following the GST Council’s decision to impose 28% Goods and Services Tax on the sector.
Feb 06, 2024 18:02
NEW DELHI: India is set to witness its first-ever professional Women’s Handball League (WHL), which will be featuring prominent players from the Middle East, South East, Europe, and Africa.