Stock Report

TV18 Group's Internet Arm Raises $ 10mn from Tracer Capital



Posted On : 2006-10-06 03:28:47( TIMEZONE : IST )

TV18 Group's Internet Arm Raises $ 10mn from Tracer Capital

Television Eighteen India Ltd has announced that Web18 Carymans, a subsidiary of the TV18 Group announced that it has raised funding of USD 10 Million from Tracer Capital.

Web18 Caymans is a subsidiary of TV18 Group Companies. All the Internet assets of the Group - including moneycontrol.com, ibnlive.com; commoditiescontrol.com; cricketnext.com, compareindia.com, jobstreet.com, yatra.com, tech2.com and urbaneye.com - are held by Web18 Caymans.

Source : Equity Bulls

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