The Telangana delegation, led by IT and Industries Minister K.T. Rama Rao, announced a big investment deal on their second day of their UK tour. DAZN, a global sports live streaming company, will be setting up a Product Development Centre in Hyderabad. This deal will create 1000 jobs for Telangana’s youth. The announcement was made after a meeting between KTR and DAZN Group’s Chief Technology Officer, Sandeep Tiku, Board Member, EVP, Communications, Daisy Wells in London.
DAZN is an international over-the-top sports streaming service that streams live and on-demand sports content in over 200 countries with 60 million registered users. They offer a range of sports content including major events like UEFA Champions League, Europa League, Serie A, La Liga, English Premier League, NFL, NBA, and IPL in other countries. This investment by DAZN is a testament to Telangana’s rising presence in innovation, media, and entertainment.
The announcement was attended by Jayesh Ranjan, Principal Secretary of IT and Industries Departments, E Vishnu Vardhan Reddy, Special Secretary, Investment Promotion & NRI Affairs, Konatham Dileep, Director, Telangana Digital Media Wing, and Amarnath Reddy Atmakuri, Chief Relations Officer.