SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Network 18's arm HomeShop18 closes $14 million follow-on funding round

24 Oct 2013 Evaluate

Network 18 Media & Investments’ promoted - HomeShop18, India’s leading virtual commerce business, has closed a $14 million follow-on funding round with GS Home Shopping (GS), funds managed by OCP Asia (OCP Asia) & Network18. GS will invest $11 million; OCP Asia & Network18 will invest the remaining amount. The transaction values HomeShop18 at $360 million. BMR Advisors acted as transaction advisors to the company.

Network18 will remain the majority shareholder (51%) in HomeShop18. SAIF Partners, GS Home Shopping and OCP Asia are the other existing investors at HomeShop18. GS is the third largest Home Shopping Company in the world and the market leader in Korea.

HomeShop18 launched India’s first 24 hour Home Shopping TV channel in 2008. Today, it provides an integrated virtual shopping experience on Internet, Television and Mobile through HomeShop18.com and the 24x7 TV channel.  

Network 18 Media Inv Share Price

36.38 0.72 (2.02%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×