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Posts Tagged ‘ Network18 ’

How this Indian football media startup plans to score over rivals

Wednesday, August 3, 2016 | More »

Sumon Chakrabarti, founder & CEO, Foottheball
Sumon K Chakrabarti’s entrepreneurial journey kicked off a year ago while he was watching, what else, a football game. It was on 5 July 2015. Argentina, the South American football powerhouse and home to Diego Maradona and Lionel Messi, was playing the perennial underperformer Chile in the final o...


BookMyShow secures $81.5 mn from Stripes Group, others

Movie ticketing platform BookMyShow has raised Rs 550 crore ($81.5 million) from existing and new investors in one of the largest funding rounds for an Indian consumer Internet firm in recent months. BookMyShow’s Mumbai-based parent Bigtree Entertainment Pvt Ltd. said on Tuesday it raised the Seri...

5 July, 2016 | More »


BookMyShow raises $25M from SAIF Partners and existing investors Accel, Network18

Bigtree Entertainment Pvt. Ltd., which owns India’s online entertainment ticketing property BookMyShow, has raised Rs 150 crore ($25 million) from new investor SAIF Partners besides existing investors Accel Partners and Network18. The transaction values the venture at over Rs 1,000 crore, as per a...

18 June, 2014 | More »


B Sai Kumar quits as Group CEO of Network18

B Sai Kumar, who took over as group chief executive officer (CEO) of the Network18 Group from Haresh Chawla in late 2011, has put in his papers, as per a company statement. He will also step down from all the board of the group’s various joint ventures. Kumar’s next move is not known as of [&hel...

28 May, 2014 | More »


Network18’s digital unit revenue up 35% to Rs 149.4Cr in Q4, losses down; BookMyShow selling 2.9M tickets monthly

Network18 Media & Investments’ digital content and e-commerce business saw a 35 per cent growth in revenues for the quarter ended March 31, 2014 to Rs 149.4 crore from Rs 110.4 crore last year. Net loss of the digital business for the quarter was Rs 13.8 crore against Rs 24.3 crore last year. ...

27 May, 2014 | More »

Durga Raghunath

Network18 Digital promotes Durga Raghunath as its CEO

Network18 Digital, the digital content arm of Network18 and Investments Ltd, has promoted Durga Raghunath as its CEO. She is replacing Lakshmi Narasimhan, who is moving into a corporate role within the company. “As consumer internet in India undergoes a paradigm shift, we continue to be focused on...

17 April, 2014 | More »


Network18’s In.com brings the curtain down on its music streaming service

In.com, one of Network18 Media & Investments’ digital content properties, has shut down its music streaming service. While earlier on Thursday all traffic to service was taking users to a 404 page, it is now redirecting to the homepage of the In.com site. The news was first reported by MediaNa...

21 November, 2013 | More »


HomeShop18 raises $14M afresh led by existing investor GS Shopping

TV18 Shopping Network Ltd, the teleshopping and e-commerce arm of Network18 that runs under the HomeShop18 brand, has closed $14 million (Rs 87 crore) follow-on funding round with existing investors GS Home Shopping (GS), funds managed by OCP Asia Ltd (OCP Asia) and Network18. GS is investing $11 mi...

23 October, 2013 | More »


Network18’s digital content & e-com revenues slip 3.2% QoQ; HomeShop18 revenues up 210%, BookMyShow up 45% YoY

Network18 Media & Investments’ digital content and e-commerce business saw Q1FY14 revenues increasing year on year even as they fell sequentially. Digital content and e-commerce business reported combined revenues of Rs 106.9 crore, a 174 percent per cent growth from the same period last year ...

29 July, 2013 | More »


Helion-backed Getit gets approval to raise $36.4M

Local search and classified services provider Getit Infoservices Pvt Ltd  has received approval from the Foreign Investment Promotion Board (FIPB), the nodal government body monitoring foreign investments in India, to raise Rs 216 crore or approximately $36.4 million. But the note has not disclose...

3 June, 2013 | More »

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