Reliance-backed Rise and BLAST formed a joint venture.

Reliance-backed RISE, a sports and lifestyle business, and BLAST, an esports and gaming company, formed a joint venture. Financial terms were not disclosed. "India is one of the most exciting and fastest-growing gaming markets in the world, with a rapidly expanding esports audience and appetite for more competitive gaming experiences. By partnering with Reliance, a market leader with unparalleled expertise and reach in India, we have a unique opportunity to elevate the local esports scene to new heights. BLAST has a proven track record of delivering world-class tournaments and entertainment for global audiences, and we can't wait to bring that expertise to India. This joint venture will not only help grow the Indian esports ecosystem but also create new pathways for local talent to shine on the global stage," Robbie Douek, BLAST CEO.