Other Private Equity/Strategic Investments
Dream Sports invests $50-M in Times Internet promoted Willow TV, Cricbuzz
Mumbai-based gaming company Dream Sports has invested USD 50 million (around INR 427 crore) in cricket media platform Cricbuzz and North American cricket broadcaster Willow TV , both owned by Times Internet. Dream Sports will pick a strategic minority interest in Cricbuzz and Willow TV, which collectively have 185 million monthly users across more than 150 countries. Avendus Capital acted as the exclusive financial advisor to the transaction.Willow TV, the largest cricket broadcaster in North America, streams more than 1,500 live matches each year to users in the US and Canada, and has also expanded its broadcast footprint into a leading cricket broadcast platform for the Middle East and Southeast Asia.
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