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HT Media Sells Off 10% Equity Shares from Koovs

by Chinmay Bidkar
December 23, 2016
in News
Reading Time: 1 min read
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HT Media Sells Off 10% Equity Shares from Koovs
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ht media equity shares23 December 2016, India:

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HT Media has sold its equity shares invested in Koovs Plc, which owns and operates fashion e-commerce website Koovs.com.

Delhi-based HT Media is an Indian mass media company. It has holdings in print, electronic and digital media. It also operates 19 printing facilities across India with an installed capacity of 1.5 million copies per hour.

Piyush Gupta, Chief Financial Officer at HT Media told Techcircle, that the company “exited 10% of our holding in the market last month and (is) not intending to exit anymore at all”.

Headquartered in London, Koovs offers its own private label, apart from more than 150 international brands of clothing, footwear and accessories through its website and mobile app.

Also read- SNAPDEAL NOW DELIVERS CASH AT YOUR DOORSTEP
Tags: ecommerceEquity SharesHT MediaKoovs
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Chinmay Bidkar

Curious, Keen Observant & Dynamic! Chinmay finds peace in meeting people who work hard for humanity. He has new found interest in Gadgets and Techs and at Techstory he gets to write about it! Reach out at- [email protected]

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