Wednesday, 23 October 2013
Deal Alert: Homeshop18 raises $14-M more from existing investors
Posted on 20:51 by Unknown
The online teleshopping arm of Network 18, Homeshop18, has closed$14 million in a new round of funding led by existing investors - Korean home shopping major, GS Home Shopping (GS), OCP Asia Ltd (OCP Asia) and Network18. GS is investing $11 million while OCP Asia and Network18 will invest the rest.
The new funding will now value HomeShop18 at$360 million. Network18 will remain the majority
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