Network 18 Media & Investments’ venture capital arm, Capital18 has entered into an agreement with Dentsu India Group to divest its stake in Webchutney, one of India’s leading digital agencies. This is in line with its stated objective of profitably monetizing investments to create value for the shareholders of Network 18. Capital18 was a majority shareholder of Webchutney and the investment has generated a return of over 300%.
Network 18 Media & Investments is one of India's leading full play media conglomerates with interests in television, print, internet, filmed entertainment, mobile content and allied businesses.
