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The company will use the capital raised to enhance product and business development. Specifically, the funding will be used to grow the product engineering, and sales teams, across locations in the US Bay Area, as well as in Bangalore, India.
The company has invested Rs 4 crore in an angel round.
The man who played a pivotal role in establishing youth market in India with multiple innovations, is now set to connect with the youth yet again and this time with the digital portal 101India.com.
According to the report by Moneylife, a Mukesh Ambani group entity had taken control of NDTV in the pretext of a loan agreement, way back in 2009.
With this, a total of six new channels have received permission in the first five months of 2015, taking the total number of television channels in the country to 832
