WestBridge Ventures II Investment Holdings, a fund managed by WestBridge Capital, has completed its exit from Nazara Technologies Ltd by selling shares worth over ₹500 crore to Plutus Wealth Management Llp and its...
Amazon signs deal to acquire podcast startup Wondery
Tech company Amazon recently revealed that it has signed a deal to acquire podcast production firm Wondery. The move is aimed towards expanding its efforts to provide more offerings to users from its music platform...
Quibi in talks to sell content catalog to Roku – WSJ
Quibi is in advanced talks to sell its content catalog to video-streaming device maker Roku Inc as the streaming service winds down operations, the Wall Street Journal reported on Sunday, citing people familiar with the...
Great Canadian Gaming gets shareholder nod for $1.96 billion buyout deal
Great Canadian Gaming Corp said on Wednesday its shareholders had voted in favor of a sweetened deal that would see Apollo Global Management Inc buy the Canadian casino operator for C$2.52 billion ($1.96 billion). About...
ByteDance in talks to buy stake in mobile games firm CMGE – sources
China’s ByteDance is in talks to buy into mobile games publisher CMGE Technology Group Ltd, four people with direct knowledge of the matter told Reuters, as the owner of short video app TikTok moves to strengthen its...
Zee Entertainment to transfer digital publishing business to Rapidcube
Zee Entertainment Board on Thursday approved the transfer of digital publishing business division of the company to Rapidcube Technologies Private Limited. “This is to inform you that the Board of Directors of the...
Zee Entertainment acquires film production, distribution biz from Zee Studios
Zee Entertainment Board on Thursday approved the acquisition of film production and distribution business from Zee Studios. Formerly known as Essel Vision Productions Limited, Zee Studios is a wholly-owned subsidiary of...
Gaming platform Roblox acquires 3D facial animation firm Loom.ai
U.S. gaming platform Roblox Corp said on Monday it has acquired Loom.ai, a San Francisco-based startup providing real-time facial animation technology for 3D avatars. Roblox said the deal will accelerate the development...
Multiples Private Equity sells 2.17% stake in PVR for ₹176 crore
Renuka Ramnath-led private equity firm Multiples Private Equity sold 12 lakh shares or 2.17% of PVR Ltd for ₹176 crore in an open market transaction. According to bulk deal data on BSE, Multiples Private Equity Fund and...
Sony to buy US anime giant Crunchyroll for $1.17 billion
Japan’s Sony said Thursday it has agreed to buy US anime streaming giant Crunchyroll, which has more than three million paying subscribers, in a deal worth $1.17 billion. By purchasing the anime, games and manga...
Indian short video platform Bolo Indya raises $400,000 from Inflection Point Ventures
Homegrown short-video platform, Bolo Indya, has raised $400,000 from Inflection Point Ventures, taking the company’s total to fundraise till date to $1 million. The platform currently has 6.5 million users and is...
Flutter enlists Fox help to control FanDuel in $4 billion deal
Flutter Entertainment raised its bet on the U.S. gambling market on Thursday, with a $4.18 billion deal to increase its FanDuel holding to 95% and end Fastball’s involvement in online sports betting platform FOX Bet...
