iWorld
Intel to invest $49 million in IndusInd broadband venture
Intel Capital is investing close to $49 million in the Hinduja-run IndusInd Media as it makes its forays into the brave world of broadband and Internet delivery. The players involved have gone if for a convoluted structure for the investment. Intel Capital is actually picking up a 49 per cent stake in Grant Investrade Pvt Ltd, a subsidiary of Hinduja Finance, which in turn is owned by the Hindujas. The remaining 51 per cent stake in Grant Investrade continues to stay with Hinduja Finance.
Grant Investrade holds 3.5 percent in IndusInd Media & Communications Ltd (IMC) and will increase its holding to 6.7 percent by directing the investment from Intel into IMC. IMC operates under the brand name IN CableNet.
Intel Capital’s ultimate total investment could be increased up to 20 percent in IMC. The investment is subject to Indian regulatory clearances.
“This investment reflects Intel’s ongoing commitments to enable rapid deployment of high-speed Broadband internet access on a world wide basis”, said Claude Leglise, Intel’s Vice President and General Manager, Intel Home Products Group. “We have decided to participate in IN CableNet, India’s largest Multi-Systems Operator (MSO), based on IN CableNet’s unique market positioning, the company’s vision, capabilities and our common objectives for the Indian broadband market segment”.
IN CableNet is the only corporate effort in India, to build the information super highway, with the first 550 MHz cable system, being up-graded to Broadband network with fiber optic trunks. It offers high quality multi-channel transmission to more than four million Indian homes. It is classified amongst the 10 largest Cable TV Operators in the world in terms of subscribers. The network operates in nine cities with market leadership. In Mumbai, it claims to serve over 80 percent of the cable market and in the principal cities of Delhi, Bangalore, Hyderabad and Ahmedabad, it has a claimed over 60 percent of the Cable & Satellite market segments.
Ashok P. Hinduja, Chairman, Hinduja Finance, recently announced the Group’s “TMT” strategy continuing to create value through the convergence of Technology, Media and Telecommunications. “We believe this relationship with Intel will add significant momentum to IN CableNet ‘s deployment plans of Broadband to strengthen the Group’s leadership position in the convergence space.”
“This investment is strategically important to Intel South Asia, it reflects the importance we place on developing Broadband infrastructure to address the growing demand for internet access in the Indian market,” said Avtar Saini, Director of Intel South. “Over the past 15 months, we have invested in 15 companies in India. Today’s announcement is the largest Foreign Direct Investment (FDI) in Indian Broadband infrastructure and reflects our commitment to invest in India’s growing technology sector”.
The IN CableNet success story has taken five years, said A. K. Das, Chairman, IndusInd Media & Communications. “With its market segment leadership position and its dynamic management, the company will now exponentially grow to expand operations on a nationwide basis,” he said. “The IN CableNet infrastructure will be enhanced with state-of-the-art technology to make convergence a household reality. We are excited about this new association with Intel Capital, which will enable IN CableNet to continue to maintain the technological edge.”
iWorld
Prime Video bets big on India with global originals, films and franchise expansion
Execs highlight scale, travelability and new IP bets as India anchors global strategy
MUMBAI: At Prime Video Presents 2026, the message was clear and confident. India is not just part of the plan, it is central to it.
In a lively fireside chat hosted by filmmaker Karan Johar, Kelly Day, vice president of prime video and amazon mgm studios international, Nicole Clemens, vice president of international originals, and Gaurav Gandhi, vice president for Apac and Anz, laid out an ambitious roadmap. Think bigger stories, wider reach and a sharper focus on building franchises that travel.
Kelly Day, a regular visitor to India, set the tone early. Calling the country “one of the most important markets globally”, she pointed to the sheer scale and diversity of audiences as a driving force behind Prime Video’s growth. Indian Originals, she said, are not just local hits but global engines powering subscriptions and engagement.
That global appeal is already visible. According to Clemens, around 25 percent of viewership for Indian content now comes from outside the country. Shows rooted deeply in local culture are finding fans worldwide, proving that specificity, when paired with universal themes, travels well. From gritty dramas to sharp thrillers, Indian storytelling is increasingly crossing borders with ease.
Clemens, who joined recently to lead international originals, was particularly upbeat about India’s creative range. She highlighted a growing slate of over 100 shows in development and production, with more than 60 percent returning for multiple seasons. For her, the formula is simple. Authentic stories, told well, resonate everywhere.
Adding to the buzz, she teased new and returning titles, alongside a fresh superhero universe, the Kalyug Warriors. It signals a push into new genres while doubling down on familiar fan favourites.
If content is king, distribution is the clever courtier. Day outlined Prime Video’s layered business model in India, which blends subscription, rentals, add on channels and ad supported viewing through Amazon MX Player. The idea is straightforward. Give viewers choice, whether they want premium, free or pay per view.
India, she noted, has also become a testing ground for innovation. Tiered pricing, mobile only plans and language diversity have all been sharpened here before being exported to other markets. In many ways, the India playbook is now influencing global strategy.
For Gaurav Gandhi, the next chapter is about scale with intent. He outlined four priorities. Making Prime Video more accessible, pushing Indian content globally, building stronger franchises and supercharging the films business.
On films, the platform is moving beyond licensing into co productions and now theatrical releases in partnership with amazon mgm studios. These films will eventually stream on Prime Video, creating a full circle from cinema halls to living rooms across 240 countries.
Franchise building remains another key pillar. With hits like The Family Man, Mirzapur and Panchayat already enjoying multi season success, the focus is now on creating the next wave of enduring IP. Newer titles are already lining up for second seasons, signalling a steady pipeline.
What stood out through the conversation was a shared belief. Streaming in India is still in its early innings, and the runway is long. With a mix of local flavour and global ambition, Prime Video is betting that stories from India will not just stay at home, but travel far and wide.
Or as the executives seemed to suggest, the world is watching and India has plenty more to show.
