Network18
Plot No. H-10/A, Noida, Uttar Pradesh, 201301, India
Overview
The Network18 Group is a media and entertainment company with interests in television, internet, films, e-commerce, magazines, mobile content and allied businesses. Through its subsidiary 'TV18 Broadcast Ltd.' [BSE: 532800, NSE: TV18BRDCST], the group operates news channels - CNBC-TV18, CNBC Awaaz, CNBC-TV18 Prime HD, CNN-IBN, IBN7 and IBN-Lokmat (a Marathi regional news channel in partnership with the Lokmat group). TV18 also operates a joint venture with Viacom, called Viacom18, which houses a portfolio of popular entertainment channels – Colors, Colors HD,MTV, SONIC, Comedy Central, VH1, Nick. Nick Jr. and Nick Teen - and Viacom18 Motion Pictures, the group’s filmed entertainment business. TV18 has also forayed into the Indian factual entertainment space through A+E Networks | TV18 (a joint venture between A+E Networks and TV18 Broadcast) and operates HistoryTV18. TV18 and Viacom18 have also formed a strategic joint venture called IndiaCast, a multi-platform 'content asset monetization' entity mandated to drive domestic and international channels distribution, placement services and content syndication for the bouquet of channels from TV18, Viacom18 and other broadcasters. Through 'Network18 Media & Investments Ltd.' [BSE: 532798, NSE: Network18], the group operates its digital, publishing and e-commerce assets including moneycontrol.com, ibnlive.com, in.com and firstpost.com. 'Network18' also operates e-commerce properties like HomeShop18 and bookmyshow.com and publishes Forbes India, the nation's first local edition of a foreign news magazine title and one of the world’s most influential business brands, in collaboration with Forbes Media. In addition, through 'Network18', the group operates Network18 Publishing, a player in the special interest publishing space as well as E18, the group's event management venture and Sport18, its sports management and marketing division. 'Network18' has investments in Yatra, DEN Networks and other Capital18 portfolio companies.
- Total investments
- 3
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Media and Entertainment
- Public Relations
- TV Production
Investment portfolio
- Bigtree Entertainment
Participated · Equity · Jul 2016
Bigtree Entertainment Pvt. Ltd. owns and operates BookMyShow, an online entertainment ticketing platform in India. The company announced it has raised $100 million in a Series D funding round. The financing was led by TPG Growth. TPG Growth is described as the middle market and growth equity investment platform of alternative asset firm TPG. The article does not disclose operating metrics, valuation, or use of proceeds. No future plans were specified in the report. Bigtree Entertainment Pvt Ltd owns BookMyShow, an online movie and events ticketing portal. The company operates in India. In a statement, it said it had raised 5.5 billion rupees (about $81.63 million) in funding. The round was led by U.S.-based private equity firm Stripes Group. Existing investors Network18, Accel Partners and SAIF Partners also participated. No other financial or operational metrics were disclosed in the statement.
- BookMyShow
Participated · Series C · Jul 2016
BookMyShow launched as an online movie ticketing platform and has expanded into a broader entertainment company covering movies, live events and experiences. Its live entertainment arm, BookMyShow Live, manages talent, event production, promotions, partnerships and audience development. The company serves over 7,000 movie theaters and operates in 700 Indian towns and cities. Its live portfolio has included events such as Lollapalooza India, U2’s The Joshua Tree Tour, NBA games in India, Disney’s Aladdin and concerts by artists like Coldplay, Ed Sheeran, Travis Scott, and Justin Bieber. BookMyShow is led by founder Ashish Hemrajani and is supported by investors including Network18, Accel, Elevation Capital, Stripes Group, and TPG. It also maintains operations in Sri Lanka, the UAE, Malaysia, Singapore, and Indonesia.
- HomeShop18
Led · Equity · Oct 2013
Homeshop18 operates an online shopping and tele‑shopping portal. The company sells to consumers via its e‑commerce and teleshopping channels. Management says the $14M follow‑on marks an inflexion point as the business rapidly moves towards profitability while continuing to scale revenues. The raise is intended to support that scaling and the company’s path to profitability. With the current round the company has announced a reported valuation of $360 million and a cumulative $64.5 million raised. Prior investors include GS Home Shopping, OCP Asia, SAIF Partners and Capital18.