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.

Oct 06, 2020 11:10
KOLKATA: Mohammedan Sporting Club on Monday announced Gurgaon-based company Bunkerhill Private Limited as their new investors.  Bunkerhill have taken a 50% stake in the storied club, Goal reports.
Oct 02, 2020 17:10
STAMFORD, Conn.: The XFL Thursday announced that the league will return to the field for the 2022 season. The new ownership group and league executives are in the process of finalizing next steps for the relaunch with more details to be shared in the coming weeks and months.
Sep 30, 2020 14:09
RENO, Nev.: Caesars Entertainment, Inc. and William Hill PLC announced Wednesday that they have agreed terms wherein the US casino operator will acquire the British bookmaker for approximately £2.9 billion ($3.72 billion). 
Sep 22, 2020 17:09
LONDON-BASED GLOBAL SPORTS media company DAZN Group Ltd (DAZN), has reportedly finalised an agreement to sell a majority stake in its digital football-focused platforms, including Goal.com, to Integrated Media Company, a venture backed by California-based investment firm, Tarrant Capital IP LLC (TPG). 
Sep 22, 2020 17:09
MUMBAI: Close on the heels of the Manoj Badale-controlled Emerging Media (IPL) Ltd increasing its stake in Emerging Media Sporting Holding Ltd - the parent company that owns Rajasthan Royals - to become the largest shareholder, comes the news that the UK-based businessman has got three prominent British executives to invest in the Indian Premier League franchise.  
Sep 22, 2020 13:09
SAN FRANCISCO: Mobile Premier League (MPL) confirmed Monday that it had raised $90 million in Series C funding, led by SIG and early stage tech investor RTP Global, along with MDI Ventures and Pegasus Tech Ventures.  Existing investors Sequoia India, Go-Ventures, and Base Partners also participated in this round. The investment brings MPL’s total funding to $130.5 million after previously raising $40.5 million.
Sep 21, 2020 17:09
LONDON: BWT Racing Point F1 Team, the Formula 1 team owned by Canadian businessman Lawrence Stroll, has appointed sports industry heavyweight Jefferson Slack as managing director - Commercial and Marketing.
Sep 18, 2020 18:09
MADRID: LaLiga and PortAventura World Friday announced a joint venture to create The Beat Challenge, a one-of-a-kind entertainment experience to be enjoyed both within PortAventura World and beyond. This follows a strategic agreement between the two entities seeking to link football and entertainment through various digital and physical experiences, while boosting tourism. 
Sep 18, 2020 16:09
MUMBAI: Emerging Media Sporting Holding - the parent company that owns Rajasthan Royals and second-highest shareholder of the three stakeholders that own the Indian Premer League franchise - is reportedly set to increase its stake in the franchise by 13.4%, through a proposed all-cash deal worth $26 million (Rs 1.9+ billion), pending BCCI approval.
Sep 18, 2020 15:09
MUMBAI: Close on the heels of fantasy sports platform Dream11's parent company Dream Sports raising $225 million in primary and secondary investment, Mobile Premier League (MPL) has reportedly closed $75 million in fresh financing led by SIG Global India Fund.