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.

Nov 04, 2020 17:11
BENGALURU: Walmart-owned Flipkart, which had first invested in social gaming startup Mech Mocha in its early-stage round in 2015, on Tuesday announced the acquisition of its gaming team and intellectual property (IP) for an undisclosed amount. 
Nov 03, 2020 20:11
LONDON: Formula E Tuesday announced that it has become a minority shareholder in Extreme E - the radical new off-road motorsport championship which will see electric SUVs competing in remote ecosystems around the world.
Oct 30, 2020 17:10
NEW DELHI: Former Indian all-rounder and World Cup winner Yuvraj Singh has invested in India’s first full-stack nutrition brand, Wellversed. The all-rounder will also come on board as brand ambassador for 3 years and will be closely working with the founding team to scale the business. With this round of funding, the nutrition-based healthcare startup has achieved a valuation of close to Rs 1 billion. 
Oct 28, 2020 11:10
CARLSBAD, Calif.: Callaway Golf Co. and Topgolf Entertainment Group Tuesday announced that the companies have entered into a definitive merger agreement. 
Oct 27, 2020 20:10
MUMBAI: French esport organization Team Vitality has confirmed plans to expand into India Monday via a post on their new country specific Instagram handle. It was in December 2019 that the organisation's chief marketing officer Florent Gutierrez had first indicated to popular Indian YouTuber Rawknee about their plans to enter the Indian market.
Oct 23, 2020 18:10
MUMBAI: Multi-sport digital content aggregator FanCode has acquired FanDuniya, a sports research platform, to accelerate the growth and development of its research and statistics service for its users. 
Oct 23, 2020 17:10
NEW YORK: Michael Jordan’s venture into NASCAR with Cup Series driver Denny Hamlin has a name and a number — 23XI Racing and the No. 23 — for the 2021 season. Jordan and Hamlin announced the details Thursday for the car that Bubba Wallace will drive next year. Other details, including manufacturer affiliation, are to be announced.
Oct 21, 2020 12:10
MUMBAI: Bollywood star Salman Khan's family has bought the Kandy Tuskers franchise in the upcoming Lankan Premier League (LPL), reports Time of India. The tournament that saw its player draft conducted over the last two days is slated to kick off its inaugural edition on November 21.
Oct 08, 2020 16:10
SAN FRANCISCO: W2O, an independent provider of analytics-driven, technology-enabled marketing and communications solutions, has acquired entertainment and influencer marketing agency starpower. 
Oct 08, 2020 15:10
STUTTGART, Germany: AMG, the 'high performance sub-brand' of Mercedes, will "intensify" its links with Formula 1 from 2021, the German luxury carmaker announced Tuesday. The AMG announcement was part of a Mercedes-Benz strategy update, which will see extra emphasis put on Mercedes' sub-brands AMG, Maybach, G and EQ.