Investment Summary

Elevation Capital Invests In Network18

On June 3, 2009, venture capital firm Elevation Capital invested in media company Network18

Investment Highlights
  • This is Elevation Capital’s 1st transaction in the Media sector.
  • This is Elevation Capital’s 4th transaction in India.

Investment Summary

Date 2009-06-03
Target Network18
Sector Media
Investor(s) Elevation Capital
Deal Type Venture

Target

Network18

Mumbai , India
website
Network18 operates a television broadcasting network with interests in television, print, internet, filmed entertainment, mobile content, and allied businesses. Through various holding structures, Network18 operates CNBC-TV18, CNBC Awaaz, Web18, Newswire18, Infomedia18, CNN-IBN, IBN Lokmat, MTV, VH1 Nickelodeo, Studio18, Colors, Homeshop18, E18, Sports18 and Forbes India. Network18 was founded in 2005 and is based in Mumbai, India.

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Investor(S) 1

Investor

Elevation Capital

Gurgaon, India

Investor Investor Investor Investor Investor

website


Category Venture Capital Firm
Founded 2002
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Elevation Capital is a private investment firm focused on growth capital investments in Indian companies. The Firm will consider opportunities at all growth-oriented stages. Sectors of interest include information technology, internet, mobile, consumer products, consumer services, healthcare, clean technolgy, education, agriculture, financial services, and manufacturing. Elevation Capital was formed in 2002 and is based in Gurgaon, India.


DEAL STATS #
Overall 6 of 17
Sector (Media) 1 of 1
Type (Venture) 2 of 5
Country (India) 4 of 15
Year (2009) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-23 ICA Edu Skills

Kolkata, India

ICA Edu Skills is a vocational training company focused on the fields of Banking, Auditing, Cost management, taxation, Company Laws, Investment, Payroll management, etc. ICA now has over 300 centers and 30 placement offices. ICA has trained over 150,000 students. ICA Edu Skills was founded in 1999 and is based in Kolkata, India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-24 JustDial

Mumbai, India

JustDial is India’s dominant local search destination. The company caters to over 25 million unique users spread across 240 cities in India. This unique local search service is available on Phone, Web (justdial.com), WAP (wap.justdial.com), and SMS (53999). The company bridges the gap between buyers and sellers by helping buyers find the right providers of products and services while helping sellers improve the efficiency of their marketing channels. JustDial was founded in 1996 and is based in Mumbai, India.

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