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Network 18 Media’s arm raises fresh round of funding from Skyblue Buildwell

07 Jun 2019 Evaluate

Network 18 Media & Investments’ associate company -- TV18 Home Shopping Network (HomeShop18) has raised a fresh round of funding from ‘Skyblue Buildwell’, a new investor. The existing shareholders namely: Network18 Media & Investments, SAIF Partners, GS Home Shopping South Korea, OCP Asia, CJO Shopping Company and Providence Equity Partners have not participated in this round.

After the investment, Skyblue holds 82.64% of HomeShop18, becoming the holding company and promoter of HomeShop18. With this investment, HomeShop18 has ceased to be a subsidiary of NW18 HSN Holdings Pic and an associate of Network18 Media & Investments. Accordingly, the Company is in the process of changing its corporate as well as brand name.

Network 18 Media & Investments leading full play media conglomerates with presence in television, print, internet, filmed entertainment, and mobile content and allied businesses.

Network 18 Media Inv Share Price

35.92 -0.46 (-1.26%)
20-Apr-2026 16:59 View Price Chart
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