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Netflix India to Challenge Disney+ and JioCinema with WWE Rights

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Netflix India to Challenge Disney+ and JioCinema with WWE Rights

Netflix India is poised to make a significant impact in the Indian sports streaming market by acquiring the exclusive media rights for WWE in a landmark 10-year deal. This strategic move marks a notable shift for the streaming giant, which has largely focused on entertainment content while avoiding sports until now.

Details of the WWE Deal

The WWE deal, valued at $5 billion globally, will enable Netflix to stream flagship shows such as Raw, SmackDown, and NXT starting in April 2025. This transition follows the expiration of WWE’s current contract with Sony Pictures Networks India (SPNI), a long-time partner. While SPNI sought to retain some television rights, Netflix insisted on exclusivity in the Indian market.

Implications for SPNI

The loss of WWE rights represents a significant blow to SPNI, which has relied heavily on sports programming to attract viewers. Although SPNI recently acquired rights for the Asian Cricket Council, replacing WWE’s popularity will pose a substantial challenge.

Competitive Landscape

This move positions Netflix to directly challenge dominant players like Disney+ Hotstar and JioCinema, which currently hold rights to major cricket tournaments such as the Indian Premier League (IPL). WWE has cultivated a loyal following in India over two decades of television broadcasts, but transitioning this audience from traditional TV to a subscription model will be crucial for Netflix’s success.

Market Dynamics

The entry of Netflix into sports streaming aligns with its global strategy to diversify content offerings and engage younger audiences. The company aims to leverage WWE’s strong fanbase to significantly boost its subscriber numbers in India.

Transitioning Audiences

Experts believe that converting WWE’s traditional television audience into subscribers for Netflix will be critical. The partnership is seen as an opportunity for Netflix to enhance its presence in a market where sports content is increasingly valuable.

Historical Context

WWE programming has been broadcasted in India since 2002, primarily through Ten Sports and later through SPNI after acquiring Ten Sports from Zee Entertainment for $385 million in 2016. The collaboration between WWE and SPNI has lasted over two decades, making this transition particularly noteworthy.

Key Takeaways

  • Exclusive Rights Acquisition: Netflix India is acquiring exclusive WWE rights in a landmark 10-year deal.
  • Entry into Sports Streaming: This marks Netflix’s first foray into sports streaming in India.
  • Shift from Traditional TV: WWE will transition from traditional TV broadcasting to exclusive streaming on Netflix.
  • Competitive Challenge: This move directly challenges Disney+ Hotstar and JioCinema’s dominance in Indian sports streaming.
  • SPNI’s Strategic Challenge: SPNI faces significant challenges in replacing WWE content after losing these rights.
  • Subscriber Growth Potential: Netflix aims to boost subscriptions by attracting WWE’s loyal fanbase.

Conclusion

The acquisition of WWE rights represents a pivotal moment for Netflix India as it seeks to establish itself in the competitive sports streaming arena. By leveraging the popularity of WWE and transitioning its audience from traditional television, Netflix aims to enhance its service offerings and significantly increase its subscriber base. As this deal unfolds, it will be essential to monitor how it impacts both Netflix’s growth trajectory and the broader landscape of sports entertainment in India.

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Swiggy Launches Pyng: An AI-Powered App Connecting Users with Verified Professionals

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Swiggy - StartupStories

Swiggy has launched Pyng, a new app aimed at connecting consumers with verified professionals across over 100 specializations, including yoga instructors, financial advisors, tutors, and event planners. Currently live in Bengaluru, Pyng uses AI to match users with trusted experts and offers a money-back guarantee for unsatisfactory services.

The app also provides professionals with tools to manage bookings, track payments, and schedule services efficiently. This marks Swiggy’s entry into the professional services marketplace, expanding beyond its core food delivery and quick commerce businesses. Pyng is available on both iOS and Android, with plans for a nationwide rollout.

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Eat Better Secures ₹17 Crore in Pre-Series A Funding

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Eat Better, a Jaipur-based D2C snacking brand, has raised ₹17 crore in a Pre-Series A funding round co-led by Prath Ventures and Spring Marketing Capital. Founded by Vidushi Kanoria, Mridula Kanoria, and Shaurya Kanoria in 2020, Eat Better specializes in healthy snacks like dry fruit ladoos and nuts.

Key Highlights:

  • Investment Use: Funds will expand Eat Better’s product line and enhance its presence on quick commerce platforms.
  • Market Position: Competes with brands like Happilo and Yoga Bar in the healthy snacking space.
  • Operational Milestones: Fulfills over 2 lakh orders monthly.
  • Financial Performance: Revenue grew nearly threefold to ₹14.47 crore in FY24, with a reduced net loss.

Market Opportunity:

The Indian food and beverages market is projected to reach $68 billion by 2030, positioning Eat Better favorably to capitalize on the demand for healthy snacks. With this funding, Eat Better aims to strengthen its market presence and product offerings.

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Funding

Outzidr Raises ₹30 Crore to Transform Gen Z Fashion

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Bengaluru-based D2C fashion startup Outzidr, co-founded by Nirmal Jain, Mani Kant Mani, and Justin Mario, has secured ₹30 crore in seed funding led by Stellaris Venture Partners, with participation from angel investors like Ramakant Sharma (Livspace) and Ghazal Alagh (Mamaearth).

Launched in February 2025, Outzidr targets Gen Z women aged 17–27 with affordable occasion-specific apparel such as partywear and travel outfits. The brand introduces over 2,000 new designs monthly and uses a “test-and-react” model to scale popular styles based on early sales data. With an agile inventory cycle of less than three weeks, it plans to shift 90% of manufacturing to India within two years for sustainability.

The funds will bolster supply chain efficiency, technology development, team expansion, and brand-building. Outzidr aims to achieve ₹100 crore annualized revenue within 6–8 months through its D2C platform and marketplaces like Myntra, Nykaa Fashion, and AJIO.

Led by industry veterans with expertise in fashion and logistics, Outzidr is poised to capitalize on India’s growing D2C market fueled by Gen Z’s demand for trendy and affordable fashion.

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