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Posts Tagged ‘ BCCL ’

Fashion e-tailer Koovs raises $13.5 mn

Wednesday, November 16, 2016 | More »

Koovs
Koovs plc, the UK-based parent of Indian lifestyle e-tailer Koovs.com, said on Wednesday it has raised £10.9 million ($13.5 million, or Rs 92 crore) from existing and new investors including media house Times Group. Times Group invested £3.9 million, Koovs said in a statement. The company also has...

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Times Internet hires former Twitter exec Rishi Jaitly as CEO of Times Global Partners

Times Internet Ltd, the digital arm of media group Bennett, Coleman & Co Ltd (BCCL), said on Wednesday it has appointed former Twitter India head Rishi Jaitly as the chief executive officer of Times Global Partners. The move indicates Times Internet’s intention to scale up its investments and ...

16 November, 2016 | More »

revenue

Times Internet chases $1 bn in revenue by 2022

Times Internet Ltd (TIL), the digital business arm of the country’s largest media company Bennett Coleman and Co. Ltd (BCCL), has set an ambitious target of achieving $1 billion in revenue in five years or by March 2022. The company recently said it was on course to clock in Rs 1000 crore ($150 mi...

7 November, 2016 | More »

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Exclusive: Times Internet to create large M&A fund

Times Internet Ltd (TIL), the digital business arm of India’s largest media group Bennett Coleman & Co Ltd (BCCL), also known as the Times Group, is creating a large fund exclusively for mergers and acquisitions. The fund is likely to come into existence by early next year, TIL CEO Gautam Sinh...

1 November, 2016 | More »

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Exclusive: Why Times Internet wouldn’t be raising $100 mn for Magicbricks

Times Internet Ltd (TIL), the digital business arm of media conglomerate Bennett Coleman, and Co. Ltd (BCCL) that runs several market-leading newspapers as well TV news channels, has scrapped its plans to raise $100 million from external sources for its realty portal MagicBricks. TIL CEO Gautam Sin...

27 October, 2016 | More »

Quikr

Online classifieds firm Quikr raises funds from BCCL’s Brand Capital

Online classifieds firm Quikr India Pvt. Ltd has secured Rs 130 crore ($19.4 million) from Brand Capital, the ad-for-equity investment arm of media conglomerate Bennett, Coleman and Company Ltd (BCCL). VCCircle had first reported in May this year that Brand Capital was investing in Quikr and e-comme...

19 August, 2016 | More »

buying

HT Media to buy into Singapore’s Sports Asia to boost digital play

HT Media Ltd has decided to pick up a 50.5% stake in Singapore-based digital content firm Sports Asia Pte. Ltd, as the newspaper publisher expands its online offerings. The publisher of dailies Hindustan Times and Mint said in a stock-exchange filing on Tuesday that it will make the investment throu...

28 June, 2016 | More »

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Exclusive: BCCL’s Brand Capital picks stake in two Indian tech unicorns

Media conglomerate Bennett, Coleman and Company Ltd (BCCL) has picked a small stake in two Indian technology ‘unicorns’ through its ad-for-equity investment arm Brand Capital, expanding its exposure to digital business beyond its in-house arm Times Internet. For full report click here...

2 May, 2016 | More »

BigBasket

Excl: Grocery e-tailer BigBasket raises $3M in bridge round

Online grocery retailer BigBasket.com, owned and operated by Bangalore-based SuperMarket Grocery Supplies Private Limited, has secured $3 million in a bridge round of funding from a Singapore-based private investor, sources close to the development told Techcircle.in. For more details on the transac...

15 April, 2014 | More »

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Mumbai-based online supermarket LocalBanya raises funding from BCCL’s Springboard fund

Mumbai-based MN&C Supply Links Retail Pvt Ltd, which runs and owns LocalBanya.com, an online supermarket, has raised an undisclosed amount of funding from Bennett, Coleman & Co. Ltd (BCCL)’s Springboard fund. The development was first reported by YourStory. The funding will be used to expa...

24 July, 2013 | More »

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