wordpress blog stats
Connect with us

Hi, what are you looking for?

Nimbus Looking To Raise $140 Million: Report; Nimbus Mobile?

With less than two years left for their $612.18 million deal with the Board for Control of Cricket in India (BCCI) to expire, Nimbus is looking to sell 26 percent stake, reports the Economic Times. Nimbus has struck a four year deal with the BCCI, for rights to 23 Test matches, 56 One Day Internationals and 72 days of domestic cricket, to be held between March 1, 2006 and March 31, 2010. As per the report, Nimbus is expecting over $140 million for this stake. Last year, Nimbus had raised $125 million from 31, Cisco and Oman International Fund, though just a few months later, there were reports last year that investors were looking to exit the company. Other investors include Deutsche Bank and Americorp Ventures. Do note that Nimbus also has the Internet and Mobile rights for the English…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

News

India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...

News

There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ