India, April 2 -- Reliance-owned sports tech platform RISE Worldwide has formed a joint venture (JV) with Europe-based BLAST to co-create esports tournaments for Indian users.

In an exchange filing, Reliance Industries Ltd. (RIL) said that the JV will offer services such as end-to-end tournament management, targeted marketing, production and broadcasting. In addition, it will cater to game publishers and sponsors.

The JV will leverage BLAST's esports properties, production expertise, publisher relationships and popular intellectual properties (IPs). The combined entity will also explore synergies with Jio's tech stack, distribution and local relationships to host esports events on the JioGames platform.

". By partnering with Reliance, ...