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Network18 sells majority stake in Webchutney to Dentsu; Capital18 nets over 3x returns

Thursday, May 23, 2013 | More »

Webchutney
Network18 Media & Investments Ltd (Network18) said its venture capital arm, Capital18, entered into an agreement with Dentsu India Group to divest its stake in the digital agency Webchutney Studio Pvt Ltd for an undisclosed amount. Capital18 generated a return of over 300 per cent on its investm...

Zapak Digital, Webchutney Settle Payment Dispute

Digital media agency Webchutney has settled its legal dispute over unpaid dues with Reliance ADA group’s gaming company Zapak Digital Entertainment Ltd. Webchutney had purchased ad space on Zapak’s website for its clients but allegedly did not clear dues with Zapak Digital. Following this, Zapak...

8 September, 2011 | More »