NDTV DIGITAL EXPANSION ACCELERATES

Media News:

National, February 8, 2016

NDTV Group (before E-Commerce) reports operating profit of Rs 5 crore vs Rs 2 crore in Q 2

NDTV raises fresh funding for its new startup businesses, with a combined valuation of Rs.724 crore (USD 110 million).

NDTV was awarded “India’s Most Trusted Brand across all Television in India” across categories for the 3rd year in a row. This is based on Trust Research Advisory's Brand Trust Report, India Study 2015.

Two new startups have now been funded

BandBaajaa.com – designed to launch NDTV into the online wedding and festival planning market was funded by leading US venture capital firm CerraCap Ventures at a valuation of USD 20 million.

SmartCooky.com – our foray into creating an online marketplace for health foods & personal care products raised funding from Mrs. Vandana Luthra, Founder, VLCC Health Care Limited, Mr. Rajan Anandan, Vice President & MD of Google, South East Asia & India, Mr. Manvinder Singh Banga, former member of the Unilever executive Board and former Global President of Unilever Food , Home and Personal Care Division, Mr. Pramod Bhasin, Former President & CEO of Genpact, and Mr. Mohandas Pai, presently the Chairman of Manipal Global Education Services and Aarin Capital at a valuation of USD 12 million.

Gadgets360.com – NDTV’s Gadget Portal

Gadgets360’s e-commerce business clocked product sales of Rs. 21 Cr till January’ 16 within 2 months of the launch while maintaining a positive contribution margin.

Shipped more than 20,000 gadgets during aforesaid period.

Exclusive products were sold out within hours of launch.

Gadgets360 remains India’s #1 Technology site, which is 3 times the size of nearest competitor.

For further information, please contact:

Manisha Natarajan

Mobile:+ 91 9811999246