Released on: August 6, 2008, 12:37 am

Press Release Author: Mohit Sharma

Industry: Media

Press Release Summary: HomeShop18 has a collection of products which include
categories like fashion, beauty, health, fitness, kitchen appliances, electronics,
kids, toys, jewellery and gift items.

Press Release Body: HomeShop18, a joint venture between Network 18 Group and SAIF
Partners, has raised $21 million in second round of funding. In this round, while
SAIF Partners has invested $16 million, Capital18, the private equity arm of Network
18 group, has put in $5 million.

HomeShop18 is an online and on-air retail marketing and distribution venture which
launched a 24 hour Home Shopping TV channel in April 2008. The company operates in a
multimedia environment including television, web, catalogue and print to reach high
quality products and services directly to customers across the country.


Web Site: http://www.homeshop18.com

Contact Details: TV18 Home Shopping Network Pvt. Ltd.
7th floor, FC-24,
Sector-16A, Filmcity,
Noida - 201301, Uttar Pradesh,
India.