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Network18 Media & Investments Limited announces second-stage funding of US$ 21 Million for HomeShop18

Network Media & Investments Ltd on July 08, 2008 announced that it has completed the second stage equity funding of USD 21 Million for its Home Shopping Network business 'Homeshop18'.
This second stage equity funding was raised from SAIF Partners (USD 16 Million) and Network18 affiliate Capital18 (USD 5 Million).
The stock closed the day at Rs.158.20, down by Rs.0.60 or 0.38%. The stock hit an intraday high of Rs.160 and low of Rs.150.50.
The total traded quantity was 4380 compared to 2 week average of 19386.

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