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September 16, 2013

Deal Alert: RVCF invests in N1 Media Consultancy Pvt. Ltd

N1 Media Pvt Ltd engaged in the business of providing content in the field of news and sports videos to television channels apart from “Mobile” and “Online” markets raised undisclosed growth equity from RVCF (Rajasthan Venture Capital Fund). 

N1 Media is in the business of providing compelling and authoritative video content and ensuring its fast and efficient multi-platform delivery with its core team leveraging deep understanding of content needs in India. 

The Jaipur based RVCF has invested in N1 Media through its SME Tech Fund which invests pan India in IT/ITes, education, healthcare, agro products, auto components and other high growth sectors . 

Commenting on the transaction Mr. Arup Ghosh CEO N1 Media said that “The company is focused on revolutionizing the digital news content landscape in India by delivering solutions that enable clients to view news from many sources and locations. The company is known and acknowledged for its quality, breadth and diversity of coverage”. 

Commenting on the transaction Mr.Girish Gupta CEO RVCF said that “the promoters have great experience in its sector and N1 Media is a fast emerging media consultancy company specializing in news and current affairs channels and the infusion of the capital will help N1 Media to have significant position as News and current affairs content providing agency for domestic and International markets ”

ABOUT RVCF

Rajasthan Venture Capital Fund is mandated to operate on pan-India basis. It manages two SEBI registered domestic venture capital funds - RVCF Fund I & SME TECH FUND – RVCF Trust II and invests in IT/ITes, education, healthcare, agro products, auto components and other growth sectors. 

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