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Seedfund acquires stake in Agencyfaqs

Indiantelevision.com Team

(15 October 2007 3:00 pm)

MUMBAI: Seedfund, an early-stage venture capital fund, has taken an undisclosed stake in media publication Agencyfaqs.

Seedfund managing partner Pravin Gandhi said, "Over the years, agencyfaqs! has become the de facto voice and vehicle of the influential media and marketing segment in India. We see a strong future in how the brand can grow from online and print to other mediums – and also from India to other geographies."

Banyan Netfaqs founder and chairman Shreekant Khandekar said, "The team at Seedfund understand the media and marketing business very well – and we share a vision of how we can grow to become an even stronger brand over the years. These are exciting times and you should stay tuned for other announcements."

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