Bertelsmann has direct stakes in three Indian online companies: online commerce platform Pepperfry, real estate portal Indiaproperty and Authorgen Technologies, which operates the online education platform Wiziq.com.
“Expanding our business in India is an important part of Bertelsmann’s growth strategy,” said Shobhna Mohn, executive vp emerging markets at Bertelsmann. “We now have holdings, with three partners, in renowned funds in India that focus on the digital or education sectors, which are important to our strategy. We are also and simultaneously investing directly in selected companies that are of strategic relevance for us.”
German Media Giant Bertelsmann Backs Indian Start-Up Fund
I know this is from June – it’s been open as a tab on my browser for months…
Leave a reply