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Chatsworth, ITW invest in digital sports broadcast network Veqta

Friday, May 20, 2016 | More »

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Early stage venture capital firm Chatsworth Management and sports management company ITW Consulting Pvt. Ltd have made a seed round of funding worth $500,000 (Rs 3.4 crore) in sports-focused digital broadcast network Veqta, it said in a statement. The firm had earlier received initial-stage backing...

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Why Ronnie Screwvala exited Arre and what it means for the OTT segment

Ronnie Screwvala, one of India’s best-known media entrepreneurs, has exited digital content platform Arré barely a year after announcing the venture as he feels the segment is in its infancy in India and over-the-top platforms have yet to figure out a viable business model. Screwvala, who set up ...

28 April, 2016 | More »

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Co-founder B Saikumar acquires controlling stake in digital media startup Arré

Just ahead of the launch of digital media venture Arré, the company’s shareholding pattern has been realigned. B Saikumar, who co-founded Arré with his former colleague at Network18, Ajay Chacko, and media veteran Ronnie Screwvala, has taken a controlling stake in the firm, a company stateme...

12 February, 2016 | More »

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How Arre is readying its content play

It’s no more about the ‘wow’ factor, rather ‘Arré’ is the new way of wooing Indian audiences online. Arré, the yet-to-be-launched digital media brand from the house of U Digital Content Pvt Ltd is gearing up for a big-bang launch by February next year. Set up by fou...

23 December, 2015 | More »

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Ronnie Screwvala’s Arré buys VC-backed video streaming venture Apalya

U Digital Content Private Ltd, which owns yet to be launched digital media brand Arre, has acquired Apalya Technologies Pvt Ltd in an all-cash deal. The acquisition provides Arre access to Apalya’s online video streaming products including myplex and Mobile TV. The transaction will be effected...

22 December, 2015 | More »