News Naaptol raises Rs 343 crore from Mitsui, plans regional TV expansion

[Deepu]

Multi-channel home shopping company Naaptol Online Shopping, which has presence across leading channels of television, internet, print and mobile, has raised Rs 343 crore (Rs 3.43 billion) in a new round of equity funding from Japanese conglomerate Mitsui & Co. With the latest round of funding, Mitsui’s stake in Naaptol has increased to 20 per cent from 5 per cent. In April, Mitsui had invested Rs 136 crore (Rs 1.36 billion) in the home shopping company.

Agarwal has told The Economic Times that the company will expand its fleet of regional channels. “All regional languages will now have separate themes and focus. We will also expand to Marathi, Gujarati and Bhojpuri languages,” he said.

Read more at: http://www.televisionpost.com/television/naaptol-raises-rs-343-crore-from-mitsui-plans-regional-tv-expansion/ | TelevisionPost.com

 

[scorpionking76]

Are these guys coming to tatasky as well full time HD channels, then I approve this funding

 

[DashMajor]

I hope these launches won't hole our pocket via DTH

 

[aumnamonarayan]

I hope these launches won't hole our pocket via DTH

What? How can they hole our pocket. These r FTA and for ur info these chs pay DTH ops for carriage. We aren't charged a penny for these chs barring some cases where u would take them as a-la-carte as DTH ops charge fee for running costs

 

[DashMajor]

Channel may be FTA but DTH charge for everything..

 

[scorpionking76]

Channel may be FTA but DTH charge for everything..

 

[Music Fan]

Channel may be FTA but DTH charge for everything..

Absolutely
That's why, dishtv & videocon D2h not giving Naaptol HD in all packages for Free of cost without subscribing HD add-on

 

[IndianMascot]

I am expecting different regional Naaptol channel for entire Indian States