Nokia Growth Partners Invests $10 Million In Web18
Posted by Avashya - India Web 2.0 News on Oct 1, 2009 in Digital Media News |
Nokia (NYSE: NOK) Growth Partners, an investment fund owned by Finnish mobile handset maker Nokia Oyj, has invested $10 million (Rs48 crore) in Web18 Holdings, the Internet arm of Television Eighteen India Ltd. TV18, part of the Network18 Group, is the sole shareholder in Web18. Other details of the deal were not disclosed. The TV18 scrip was trading flat on the Bombay Stock Exchange on a volatile trading day.