Invesco offloaded 5.11% stake in ZEEL at an average price of ₹204.50 apiece, which was acquired by Goldman Sachs Singapore, Morgan Stanley Asia Singapore, and Segantii India Mauritius.
Big investments bagged by makers of short video apps Josh and Moj helped sectoral funding, driving a considerable proportion of the investments during the quarter.
According to a report by FICCI and EY, the fall in the Indian media and entertainment sector comes on the back of diminishing revenues from films, TV, and print segments.
The set-top box, which provides both linear and OTT content, will act as a gateway to a smart home tomorrow as the company launches more services, says Sunil Taldar, CEO of Airtel’s DTH business.