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China Media Capital, SECA to invest tens of millions of Euros in FIA Formula E Championship

CMC Capital Partners announced on Tuesday that it has invested millions of euros into Formula E Holdings, the official promoter of the FIA Formula E Championship.

BookMyShow acquires majority stake in Pune-based DIY events platform Townscript

BigTree, the owner of Bookmyshow makes its second acquisition this year after it took over Hyderabad-based MastiTickets last month.

Nazara Games invests US$20 million to set up Indian professional eSports gaming league

Nazara Games announced on Tuesday that it will invest US$20 million in a new esports league in India, a series of organised multiplayer video game tournaments.

Chinese consumer appliance maker Midea to buy Israeli motion control firm Servotronix for US$170 million

Chinese robotics and electronics giant - Midea has acquired the control of Petah Tikva-based automation solutions - Servotronix at a company value of US$170 million.

Chinese honeymoon-themed hotel Shilili secures US$14 million round led by Matrix Partners China

Shilili, a hotel in China that focuses on romantic themes has secured a RMB100 million(about US$14 million) round led by Matrix Partners China.
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