Speeple News Search

Sign Up! | Tags | Domains | Statistics | Options | Advanced Search

Helion Venture, NRIs Invest Rs 33.97 Crore In 9.9 Mediaworx

contentsutra.com » 2008 » September » 22nd » Helion Venture, NRIs Invest Rs 33.97 Crore In 9.9 Mediaworx

Tagged: 235

Helion Venture Partners and a clutch of NRIs have invested Rs 33.97 crore in media start-up 9.9 Mediaworx. The consortium of investors have picked up a total of 97,057 shares or a 49.25% stake at Rs 3,500 per share of face value Rs 10 each. Helion Venture Partners India II LLC will pick up 37.4% stake for Rs 25.79 crore, while Rajat K Gupta, former McKinsey worldwide chief, will pick up 3.1% for … Continue Reading »

Latest news from contentSutra.com:

  1. Britain's ITN Source Buys 70 Years Of Asia News International Footage
  2. Sify Technologies Proceeds With Sify Communications Merger
  3. Walt Disney Completes UTV Software Open Offer; Ups Holding To 60 Percent
  4. Infibeam Acquires Photo Printing Portal Picsquare
  5. Jerry Yang To Step Down As Soon As Yahoo Board Finds Replacement

Latest news from contentsutra.com:

  1. M & A Star Buys Majority In Asianet; Forms JV With Rajeev Chandrasekhar
  2. Accel India Closes $60M Second Fund For Seed, Early Stage
  3. Accel India's Prakash: 'We Are Yet To See Slowdown In Business Plans We Receive'
  4. IMI Mobile Buying Digital Music Distributor DX3 For Euro Expansion
  5. DoCoMo Takes 26 Percent Stake in India's Tata Teleservices