Den Networks enters into equal JVA with Jasper Infotech

Den Networks has entered into a 50:50 joint venture agreement (JVA) with Jasper Infotech for setting up a television channel to be used as a market place platform for facilitating the sale of branded and unbranded merchandise and services, including vouchers offered by third party sellers subject to necessary approvals. Jasper Infotech is entity that owns and operates the digital commerce platform, www.snapdeal.com.

DEN Networks is India’s leading cable TV Distribution Company reaching an estimated 13 million households in over 200 cities. The company has been one of the frontrunners in the cable TV digitization process and has over 5.7 million digital cable subscribers. DEN is present in 13 key states across India.