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Twitter-backed ShareChat to shut down fantasy sports app Jeet11, eliminate some jobs

TechCrunch

Indian social media startup ShareChat, backed by Twitter, Tiger Global and Temasek, is shutting down its fantasy sports platform Jeet11 and has laid off some employees. To succeed as India’s fastest-growing social media company, we assess our strategy regularly and make necessary changes to achieve our vision.”

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Fantasy sports app Champions Round raises $7M to build new content creator feature

TechCrunch

Champions Round , a fantasy league startup that caters to Gen Z sports fans, announced today that it raised $7 million in new Series A funding. Users, particularly Gen Z users, are moving away from traditional fantasy sports, where leagues are tied to entire seasons. participate in DFS, up 12% from 2019.

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Social services provider uses artificial intelligence to provide genuine help

CIO

For Colsubsidio , a non-profit provider of a wide array of social services in Colombia, the recent pandemic underscored the need to respond quickly to a major crisis to diminish the harm felt by communities with limited resources.

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Sports community platform Stadium Live raises $10M to expand its digital world for Gen Z

TechCrunch

announced its $10 million Series A funding round to continue its mission of bringing fantasy sports to a younger generation. The Canadian startup was founded in 2020 by Kevin Kim and Paul Xu with the goal of gamifying the sports fandom and building a “digital playground” of sorts for Gen Z sports fans.

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FanDuel founder and Sequoia bet on Spanish-language fantasy sports app Draftea

TechCrunch

While he didn’t necessarily make it to the “big leagues” playing the sport, his new company Draftea aims to win over the 350 million sports fans in Latin America, Jaime Misrahi told TechCrunch in an interview. Draftea’s app charges sports fans a fee to draft a lineup of players and compete to win daily cash prizes.

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Going after social commerce for sportspeople, Millions gets $10M

TechCrunch

Millions.co , a social commerce platform geared towards professional and semi-professional athletes wanting help to monetize their fanbase by selling merch and/or on-demand video, has grabbed $10 million in funding led by Boston-based Volition Capital. “We love Cameo , but we’re really different and focused on sports.”

Social 248
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Sports venues advance goals, enhance fan experience with data analytics

CIO

Sports fans today have more ways than ever to watch their favorite teams beyond the traditional, live stadium experience, including television, streaming services, even highlights on social media. In response, sports teams and venue operators are working hard to improve and differentiate the in-stadium experience.

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