M&A
Digital entertainment co JetSynthesys acquires e-sports firm Skyesports
Pune-headquartered, Sachin Tendulkar-backed digital entertainment and technology company JetSynthesys has acquired Chennai-based Skyesports, an e-sports organisation with a grassroots play. The firm has created a new entity called Jet Skyesports Gaming Pvt Ltd with a vision to build e-sports at the grassroots level in India ahead of Asian Games 2022, which will include e-sports as a medal event for the first time in the history of all such tournaments. The acquisition is aimed to strengthen Skyesports' pan-India proliferation and also set the stage for its expansion from India to South Asia, helping the brand create more intellectual property and strengthen its team.
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