Skyblue acquires 82.6% stake in online shopping platform HomeShop18

Nitin Naresh June 8, 2019

0 389 1 minute read

Network18 has now exited from HomeShop18 following with a fresh funding round of fundraising by the business component of home shopping in which none of the existing shareholders took part, the company revealed in a report.
As per the report, SkyBlue Buildwell has acquired 82.64% stake in the HomeShop18 for an undisclosed amount of sum, following which it has now become the holding company and promoter of HomeShop18.
HomeShop18 existing investor includes the SAIF Partners, GS Home Shopping South Korea, Network18Media & Investment, Providence Equity Partners, and OCP Asia and CJO Shopping did not participate in this transaction.
HomeShop18 had launched India first 24-hour home shopping channel in the year 2008 and also provided products across the various categories on its digital commerce platform.
Source: HomeShop18
Source: Techstory

Follow Us On Facebook, Twitter & Instagram . Please Share Your Stories, Press Release & Articles At [email protected]. To Read More News Daily, Subscribe To Our Push Notification at https://www.inventiva.co.in/

This article is automatically sourced by automatic news feeds through online softwares, Inventiva team has not made any modifications and adjustments in the article and is published as it is after giving due credits to its original source.

Skyblue acquires 82.6% stake in online shopping platform HomeShop18

Nitin Naresh

Read Next

After Layoffs, Ghost Job Posts Are Making Their Way To Threaten The Job Seekers!

IndiGo’s Big ₹9,987 Q2 Loss Shakes Aviation. Can Indigo Bounce Back Or Is Indigo Just Moving Out Of Control?

Over 43,000 Killed In Gaza. How Much Longer Will The World Turn A Blind Eye? Is International Aid Complicit In Prolonging The Suffering?

Flying Cars, Deadly Roads In Gurugram. Why Indian People’s Lives Put At Risk For Basic Infrastructure Failure? How Many Lives To be Lost Before Authorities Take Some Action?

Kenyan Court Suspends $736 Million Adani Energy Power Line Deal. Can Kenya Expose Corporate Exploitation And Set A New Standard?

Elon Musk’s Dire Warning For 2029 AI Dominated World. Are We Establishing The Conclusive Threat To Human Employment And Freedom?

Digital Arrest: The Cambodia Connection And How To Protect Your Hard-Earned Money!

Nothing Is Certain, But The Death And Tax, Certainly For The Middle Class, As They Failed To Become The Vote Bank Of The Nation!

Major Red Flags Unveiling The Indian Economy Slowdown. A Deep Analysis Into What’s Going Wrong!

High Rents, Low Pay! Why Living In Mumbai Is Becoming A Financial Problem For Many?

After Layoffs, Ghost Job Posts Are Making Their Way To Threaten The Job Seekers!

IndiGo’s Big ₹9,987 Q2 Loss Shakes Aviation. Can Indigo Bounce Back Or Is Indigo Just Moving Out Of Control?

Over 43,000 Killed In Gaza. How Much Longer Will The World Turn A Blind Eye? Is International Aid Complicit In Prolonging The Suffering?

Flying Cars, Deadly Roads In Gurugram. Why Indian People’s Lives Put At Risk For Basic Infrastructure Failure? How Many Lives To be Lost Before Authorities Take Some Action?

Kenyan Court Suspends $736 Million Adani Energy Power Line Deal. Can Kenya Expose Corporate Exploitation And Set A New Standard?

Elon Musk’s Dire Warning For 2029 AI Dominated World. Are We Establishing The Conclusive Threat To Human Employment And Freedom?

Digital Arrest: The Cambodia Connection And How To Protect Your Hard-Earned Money!

Nothing Is Certain, But The Death And Tax, Certainly For The Middle Class, As They Failed To Become The Vote Bank Of The Nation!

Major Red Flags Unveiling The Indian Economy Slowdown. A Deep Analysis Into What’s Going Wrong!

High Rents, Low Pay! Why Living In Mumbai Is Becoming A Financial Problem For Many?

Leave a Reply Cancel reply

Acer may shutter or sell StarVR after location-based VR revenues sink

Indonesia short on oxygen, seeks help as virus cases soar

Floods- Why are Pune and Mumbai prone to it?

The solar storms will hit the Earth and cause disruption in GPS and mobile connectivity.

The death of democracy in India

Employee Engagement In The Hybrid Workplace Of The Future

Read Next

After Layoffs, Ghost Job Posts Are Making Their Way To Threaten The Job Seekers!

IndiGo’s Big ₹9,987 Q2 Loss Shakes Aviation. Can Indigo Bounce Back Or Is Indigo Just Moving Out Of Control?

Over 43,000 Killed In Gaza. How Much Longer Will The World Turn A Blind Eye? Is International Aid Complicit In Prolonging The Suffering?

Flying Cars, Deadly Roads In Gurugram. Why Indian People’s Lives Put At Risk For Basic Infrastructure Failure? How Many Lives To be Lost Before Authorities Take Some Action?

Kenyan Court Suspends $736 Million Adani Energy Power Line Deal. Can Kenya Expose Corporate Exploitation And Set A New Standard?

Elon Musk’s Dire Warning For 2029 AI Dominated World. Are We Establishing The Conclusive Threat To Human Employment And Freedom?

Digital Arrest: The Cambodia Connection And How To Protect Your Hard-Earned Money!

Nothing Is Certain, But The Death And Tax, Certainly For The Middle Class, As They Failed To Become The Vote Bank Of The Nation!

Major Red Flags Unveiling The Indian Economy Slowdown. A Deep Analysis Into What’s Going Wrong!

High Rents, Low Pay! Why Living In Mumbai Is Becoming A Financial Problem For Many?

Subscribe to our mailing list to get the new updates!

India’s largest video streaming service, owned by Disney, breaks Safari compatibility to fix security flaw

FarEye launches real-time dynamic routing to increase on-time hyper-local deliveries for shippers

Related Articles

Leave a Reply Cancel reply

Acer may shutter or sell StarVR after location-based VR revenues sink

Indonesia short on oxygen, seeks help as virus cases soar

Floods- Why are Pune and Mumbai prone to it?

The solar storms will hit the Earth and cause disruption in GPS and mobile connectivity.

The death of democracy in India

Employee Engagement In The Hybrid Workplace Of The Future