Media Company HT MEDIA LTD (IND) acquires Lifestyle e-tailer KOOVS.COM (IND) for USD 4.4 M
The transaction would give HT MEDIA 8.3% of KOOV PLC and this strategic investment will come against the backdrop of recent fund raising efforts that amounted to USD 32 M. Funds will be used to support the 189% sales growth in the past year.