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MobiTV receives $70 million investment led by Oak Investment Partners
MUMBAI: MobiTV Inc., a global player in television and digital radio services for cellular, WiFi and broadband-enabled devices, has announced the successful first close of the company‘s Series C financing. Oak Investment Partners‘ Bandel Carano will join MobiTV‘s board of directors as part of this investment.
The $70 million investment led by Oak Investment Partners will fuel the Company‘s expansion in response to the overwhelming demand for its mobile television and radio service across international markets, states an official release.
MobiTV‘s products already reach more than one million paying subscribers across the globe who can now watch top news, sports, entertainment and music videos on their mobile devices. The Company recently expanded its product line to deliver the MobiTV service to personal computers across WiFi and other broadband networks and announced the commercial availability of the MobiTV service in Latin America, adds the release.
“We have taken tremendous strides to develop this rapidly emerging market across three continents over the last few years,” says MobiTV CEO & chairman Phillip Alvelda. “These rather substantial funds will help us capitalize on MobiTV‘s head start and position as the premiere brand in mobile television. We plan to use these funds to provide even more television content on more devices, across more networks, and in more countries around the world.”
“MobiTV has a unique position in the mobile television market, serving as the leading content aggregator, delivery system and technology expert for carriers,” says Oak Investment Partners managing partner Bandel Carano. “This investment underscores our belief in the future of media delivery through handheld devices and PCs, and MobiTV is at the center of this change in both media delivery and consumer behavior.”
MobiTV, founded in 1999 and headquartered in Emeryville, California, first launched its mobile TV service in November of 2003. Since that time, MobiTV has expanded to serve major domestic carriers including Sprint, Cingular and Alltel and has also grown internationally. The MobiTV service reaches mobile subscribers through more than 20 carriers around the globe including Bell Canada, Rogers and TELUS in Canada, 3 and Orange in the UK, and America Movil in Latin America.
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With 57 per cent single new users, Ashley Madison rebrands as discreet dating platform
Platform says majority of new members now identify as single
INDIA: Ashley Madison is shedding the “married-dating” label that defined it for two decades, repositioning itself as a platform for discreet dating in what it calls the post-social media age.
The rebrand, unveiled in India on 27 February, 2026, marks a structural shift in business model and identity. Once synonymous with married dating, the company now describes itself as the “premier destination for discreet dating” under a new tagline: Where Desire Meets Discretion.
The pivot is data-driven. Internal figures show that 57 per cent of global sign-ups between 1 January and 31 December, 2025 identified as single: a notable departure from the platform’s married core. The company argues that its community has already evolved beyond its original positioning.
“In an age where our lives have been constantly put on public display, privacy has become the new luxury,” said Ashley Madison chief strategy officer Paul Keable. He framed the platform’s offering as “ethical discretion” for singles, separated, divorced and non-monogamous users seeking private connections.
The shift also taps into wider digital fatigue. A global survey conducted by YouGov for Ashley Madison, covering 13,071 adults across Australia, Brazil, Canada, Germany, India, Italy, Mexico, Spain, Switzerland, the UK and the US, found mounting discomfort with hyper-public online lives.
Among dating app users, 30 per cent cited constant swiping and messaging as a source of fatigue, while 24 per cent pointed to pressure to curate public-facing profiles and early personal disclosure. Some 27 per cent said fears of screenshots or information being shared contributed to exhaustion; an equal share cited unwanted attention.
The retreat from oversharing appears broader. According to the survey, 46 per cent of adults actively try to keep most aspects of their life private online. Only 8 per cent feel comfortable sharing most aspects publicly, while 35 per cent say they are becoming more selective about what they disclose.
Ashley Madison is betting that this cultural recalibration towards controlled visibility can be monetised. By doubling down on privacy infrastructure and reframing itself around discretion rather than infidelity, the company is attempting to convert reputational baggage into a premium proposition.
