Specialised and Niche
Zee Learn raises $20 million through GDRs
MUMBAI: It’s gone the global depository receipts (GDR) route. On 21 May, Essel Group education company Zee Learn Ltd, informed the stock exchanges that it had has raised $20 million (Rs 110 crore) through GDRs,
The company said the GDR issue was fully subscribed and an allotment of 5.6 million GDRs at a price of $3.56 per GDR is to be made. Each GDR represents 10 underlying equity shares and the GDRs are to be listed on the Luxembourg Stock Exchange.
Zee Learn runs India‘s largest chain of pre-schools under brand Kidzee with more than 900 centres in more than 330 cities. It also acts as a consultant to local entrepreneurs who wish to set up K-12 schools, under its brand name Mount Litera Zee Schools. It operates vocational education under Zee Institute of Media Arts (ZIMA) – a TV and film training institute and Zee Institute of Creative Art (ZICA) – a classical and digital animation training academy.
Specialised and Niche
Travelxp 4K launches on iNES Group in Romania
Premium travel channel arrives in native 4K HDR for viewers
BUCHAREST: Travel just got a little sharper in Romania. Travelxp 4K has officially launched on iNES Group, expanding its European footprint and bringing cinematic travel storytelling to more homes across the country.
Now available to iNES subscribers on channel 137, the fully Romanian-localised channel delivers immersive native 4K HLG HDR quality at the touch of a button. From bucket list landmarks to hidden corners of the globe, viewers can explore a sweeping range of destinations without leaving the sofa.
Travelxp 4K says it is currently the only television channel in Europe dedicated entirely to global travel and lifestyle programming in 4K. Its line-up blends striking cinematography with culturally rich narratives, designed to appeal to armchair adventurers of all ages and backgrounds.
Travelxp managing director Europe Sumant Bahl, described the launch as another key step in strengthening the brand’s presence in Romania and across the continent. He said the partnership with iNES Group would inspire Romanian audiences with high quality content showcasing the beauty, diversity and culture of destinations around the world.
iNES Group development director Sorin Ionescu, said the addition reflects the operator’s focus on enhancing its television offering with premium, relevant content. He noted that Travelxp 4K complements the company’s portfolio by giving subscribers access to world class travel and lifestyle programming in 4K HDR, delivering outstanding picture quality and an elevated viewing experience.
With this launch, Romanian viewers can expect fewer passport queues and more panoramic views, as global journeys arrive in vivid detail on their screens.
