EXCLUSIVE CHANNEL PARTNERS
French Open 2024: When and where to watch the tournament on TV and streaming | Complete schedule
Novak Djokovic, aiming for his fourth French Open title and second consecutive win, leads the men's competition at Roland-Garros. However, all eyes are also on Rafael Nadal, the 14-time champion of the tournament, who may be competing in his final Roland-Garros event.
ZEE Entertainment to broadcast DP World ILT20 season 3
ZEE Entertainment, which acquired exclusive broadcast and streaming rights of the DP World International League T20 (ILT20) for a period of ten years, will broadcast the third season. The league will start on January 11, 2025, in the UAE. The tournament will feature 34 matches across three venues. The previous season saw 348 million unique viewers globally and over 221 million in India. ZEE aims to enhance viewer experience through innovative technology and marketing strategies.
Reliance Retail partners with UK-based fashion retailer ASOS
India's largest retailer, Reliance Retail, has signed a long-term licensing agreement with UK's leading online fashion retailer ASOS, bringing the brand to India. Reliance Retail will be the exclusive retail partner for ASOS across all online and offline channels in India, introducing its curated portfolio of fashion-led own brand labels through a multi-channel presence and diverse retail formats.
Reliance Retail partners with ASOS to bring brands like ASOS Design to India
Reliance Retail and ASOS have announced a long-term partnership to establish a multi-channel presence for ASOS's own brands in India. Reliance Retail will manage all online and offline channels, including exclusive brand stores, multi-brand store expressions, and digital commerce platforms. This marks ASOS' first country-wide exclusive retail partnership.
DTDC Express elevates Abhishek Chakraborty to the role of CEO
Before assuming the role of CEO, Abhishek Chakraborty led the firm as executive director for 15 years. He also played a role in establishing a strategic partnership between DTDC and Geopost (owned by La Poste). He also spearheaded the DTDC and Amarex partnership. He has also been responsible for introducing initiatives such as the MyDTDC app and DTDCShipAssure, the company’s money-back guarantee service.
Exclusive: Chiratae Ventures secures $70 million via portfolio sale as VCs eye exits
Chiratae Ventures sold stakes to Madison India Capital for $70 million, involving companies like Lenskart, Bizongo, and Rentomojo. Madison Capital, supported by Lexington Partners, had invested in Sequoia Capital India's portfolio firms like Star Health.
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VCs in reset mode amid exit pressure; and other top tech & startup stories this week
While VCs haven’t really been busy closing deals over the past year or so, their performance has surely come under increased scrutiny as limited partners (LPs) or sponsors of funds ask for cash returns. The Indian venture market, which is now 15 years old, has been exit-starved and a prolonged downturn has exposed the state of the industry very clearly.
Apple taps big and small retailers to boost iPhone market share in India
Retailers ET spoke to said Apple was earlier hesitant to get displayed in small retail outlets, but that has changed now. The company is also helping with finance options, even for retailers doing very small volumes. Further, additional incentives are being given to retailers for meeting targeted sales like increased margins, freebies etc.
Exclusive: Malabar Investments eyes Sugar Cosmetics stake via Rs 80-100 crore secondary round
The secondary deal likely to value Sugar Cosmetics at Rs 2,900 crore. Early backers like RB Investments, India Quotient, and angels are likely to part-sell shares in the ongoing funding round, according to people in the know of the matter.
Cricbuzz, UAE-based eVision join hands for new cricket channel
eVision and Cricbuzz have partnered to launch Cricbuzz TV, a 24/7 channel featuring global cricket competitions. The collaboration aims to provide cricket entertainment to the MENA region. eVision will continue to host ICC tournaments on its CricLife channels, and Cricbuzz TV will cover the Pakistan Super League.
New-age consumer brands pulling in funds, tech no bar; and other top stories this week
At the peak of the funding winter last year, an investor told me that the pace of investment deals will continue to be slow, but the nature of companies grabbing new cash will be different. The next obvious question was: what kind of companies? Consumer brands, the person said.
Exclusive: ED seeks look out notice against Byju Raveendran
The Directorate of Enforcement has asked the Bureau of Immigration to issue a look out circular against Raveendran, sources told ET. The central agency approached BOI earlier this month to issue a fresh LOC to ensure that he does not leave the country.
Udaan's fundraise; VC-backed listed tech firms hit $50B market cap
Business-to-business (B2B) ecommerce firm Udaan has raised $340 million through conversion of its debt and fresh equity infusion. This and more in today’s ETtech Top 5.
ETtech Exclusive: Google’s Jeff Dean interview; VCs scrutinise corp governance amid rising lapses
Happy Tuesday! In the backdrop of the buzz surrounding Generative AI, Jeff Dean, the chief scientist of Alphabet Inc’s merged AI entities (DeepMind and Google Brain) sat down with ETtech’s editor Samidha Sharma for an exclusive chat at the tech giant’s headquarters in Mountain View, California.
Goldman Sachs strikes wealth advisory deal as it revamps strategy
The Wall Street bank, which did not disclose the sale price, said the sale to Creative Planning LLC is expected to close in the fourth quarter and result in a gain.
Brand Concepts partners with United Colors of Benetton to make travel accessories
Brand Concepts Ltd, a fashion retail house for travel gear, handbags, and lifestyle accessories said it has partnered United Colors of Benetton, to launch an exclusive collection of travel accessories and small leather items in the Indian market. The collaboration is part of a licensing agreement in which Brand Concepts will lead overall design, manufacturing, and distribution and United Colors of Benetton India will bring in creative inspiration based on the brand's DNA of colors and social.
Exclusive: Byju’s, lenders make peace; 28% eGaming GST causes rift in government
Happy Monday. If a swallow does make a summer, maybe Byju’s is going to be in the (Barbie) pink of health or back in the (Oppenheimer) black, some day. For the embattled edtech major may have finally caught a break after an endless series of woes.
Greta Gerwig says she wanted to channel something 'wild and unruly' for 'Barbie', reveals film's 'Oppenheimer' connection
Greta Gerwig spoke this week about the upcoming movie 'Barbie', which releases in theatres on Friday and stars Margot Robbie and Ryan Gosling. The film-maker said that she was inspired by trying to channel something that had "that ache in it", and wanted to make something that was joyful, maximalist, deeply weird, insightful and defiantly pink.
PNB partners with Amul to support finance dealership network
Through small ticket financing under MUDRA, the bank will be financing Amul's retailers, wholesale dealers/area milk distributors and exclusive Amul preferred outlets-milk parlours. Other services will include integrating various digital channels like QR codes, POS (point of sale), UPI (Unified Payment Interface), etc., supply chain finance and EMI collection digitally, and providing working capital limits, among others, it said.
Vodafone Idea disconnects some retail partners to save on costs
According to industry estimates, Vi has a pan-India network of 4-5 lakh retail touch points, like its peers Bharti Airtel and Reliance Jio. Majority of the retailers are multi-brand operators, which means they offer services for all the telecom firms. A few thousands are exclusive retailers of Vi, including some company-operated retail stores.
Exclusive: Betting, gaming apps Betway, Lotus365, Fun88 continue operations, ads despite blanket ban
Platforms that advertise banned apps could suffer severe penalties under the IT Rules including “loss of intermediary status and potential blocking of websites, criminal prosecution under state gaming laws and action under the Consumer Protection Act,” an expert said.
PlayStation Showcase May 2023: When and where to watch and what to expect
The PlayStation Showcase is set to take place on May 24 and the major focus is expected to be on PS5 and PS VR2 games in development.
ETtech Exclusive: Ads of betting, gambling sites still in play on social media
Such companies are still running promotional content on platforms via influencers, celebs in violation of I&B ministry's directive.
IPL viewership is not a zero-sum game in India as there is ample room of growth for all stakeholders, says Star Sports’ Sanjog Gupta
Sanjog Gupta, Head of sports – Disney Star sheds light on IPL viewership numbers, growth markets, consumer behaviour, key company strategies and if the media behemoth will again bid for both digital and TV rights in future. He said there is room for both television and digital platforms to grow, even as TVs command the leadership role based on high penetration, engagement and its immersive nature.
Exclusive: Dunzo secures funding via convertible notes, lays off 30% of staff
About $50 million of the funding is coming from Google and Reliance Retail while other existing investors are putting in the rest.
Indian shoppers to spend $140-160 billion online by 2025: report
The pandemic accelerated digital penetration by 12–24 months across different sectors, which will boost the adoption of e-commerce in reaching a total of 350 to 400 million online shoppers spending $150 billion by 2025.
Amazon to offer AMC+ and Acorn TV on Prime Video Channels in India
AMC+ is a premium subscription service with scripted dramas, fan-favourite franchises, and a wide range of ad-free exclusive series and films from the US and around the world. As part of the AMC+ subscription, Prime members can also get full access to Acorn TV, offering ad-free dramas and mysteries from Britain and beyond.
Rooter comes on board as sponsor, exclusive broadcast partner of Orange Rock Esports team
As sponsors, Rooter will also support exclusive streaming of their gaming events/tournaments on the platform and have its logo presence on all OR Esports merchandise and associated handles.
Exclusive Interviews: GGV's Managing Partner, TCS CEO
In the first of our two exclusive interviews today, Hans Tung, managing partner at GGV Capital, told us why he remains bullish on India despite inflated valuations, and what China's regulatory crackdown means for the edtech sector here.
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