| Wednesday, October 18, 2006 |
| Times group invests in NowPos Online |
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Bennett, Coleman and Company, the media giant running Times News Network has acquired an undisclosed stake in NowPos Online Services, a Hyderabad-based startup which is rated by Frost & Sullivan as one of the top of Top 20 Broadband Innovations in Asia Pacific. Ayappa of NowPos said that, "The partnership with BCCL has come at the right time for NowPos, which is poised for a major expansion in India in terms of its technological products, and its first expansion abroad"
NowPos has an angel investor, N Prasad the chairman of Matrix labs who sold his Multi Million dollar stake to Mylan of USA. |
Published on Wednesday, October 18, 2006 at 2:36 PM  |
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