Thursday, June 28, 2018

INFIBEAM PARTNERS WITH NETWORK18 GROUP TO LAUNCH ONLINE FINANCIAL PLATFORM MONEYCONTROL.OOO IN HINDI


Mumbai  28th  June  2018: Network18, which is India’s most diversified media and entertainment conglomerate and Infibeam, one of  the  fastest  growing  digital  platform.  It  has  partnered  for  launching  one  of  the  largest  online  financial  platform moneycontrol.ooo  in  Hindi.  Upon launch,Moneycontrol.ooo  Hindi will be available on multiple digital platforms including web and  mobile.  Developed  in advance and scalable technology, Moneycontrol.ooo Hindi is capable of generating a strong repository of  news  content  (text  and  videos),  analysis,  data  and  tools  on  investing  (across  diverse  asset  classes),  personal  finance,  the business sector and the economy along with the integration of existing multiple media assets of Network18.

Network18  and  Infibeam  will  jointly  promote  Moneycontrol  Hindi  to  channelize  traffic.  Further,  Infibeam  Web  Services  will enable  Network18  to  explore  various  synergistic  business  strategies  specifically  in  the  digital  space  focusing  on  collaborative innovation and market expansion. 

Mr.  Manish  Maheshwari,  CEO,  Network18  Digital,  said  "Taking  product  innovation  and  collaboration with partners to the next level,  we  are  excited  to  join  hands  with  Infibeam  for  the  launch  of  moneycontrol.ooo  Hindi,  an  online  financial  platform. Keeping  in  mind  the  huge  leap  that  digital content  consumption  is  taking  in  Indian  languages,  we believe that Moneycontrol in Hindi is a product whose time has come and it will take the financial news to every corner of the country.”

Commenting  on  the  development  Mr.  Vishal  Mehta,  Managing  Director  Infibeam  said  “the  implementation  of  moneycontrol online  financial platform  in  Hindi  with  Infibeam  Web  Services  is  a  game  changer  in digital content space and we are excited to explore  many  more  synergies  with  our  media  partner  Network18.  Moneycontrol  Hindi  will  enable  Network18  to  expand  its audience reach while offering a seamless experience to search and consume financial information in a regional format.”

Network18  Group’s  assets  have  a  strong digital presence across the relevant audiences. The group houses leading brands such as CNBC-TV18, News18, Moneycontrol and Firstpost among others. Moneycontrol.com is India’s most preferred and largest online financial portal and gets over 17 million unique visitors every month.

About  Infibeam
Infibeam is a leading e-Commerce Solutions provider offering end-to-end e-Commerce services on the internet to  small  and  large  scale merchants, enterprises, and government. The Company caters to customers across business verticals, and our  customers  in  India  include  most  of  the  marquee  names.  Infibeam powers merchants’ e-commerce through its Infibeam Web Services  including  SaaS-based  ERP  platform  for  building  online  stores;  digital payment  services;  logistics  solution  and  also offers  many  value-added services  on  the  platform  like  data  analytics,  social  media  marketing, advertisement  portals,  domain services,  among  others  on  a  customized  (web-based)  platform  for  transitioning  and  transforming  the  business effortlessly using technology  for  enabling  business  online.  Infibeam  also  owns  and  operates  a  multi-category  and  multi-channel  (website, mobile
app) online website under infibeam.com. It allows listing products from merchants and conducting purchase and sale online. 

About  Network18  Group-  Network18  Group is a media and entertainment group with interests in broadcasting, digital, movies, e-commerce,  magazines,  mobile  content  and allied businesses. TV18 Broadcast Limited [BSE: 532800, NSE: TV18BRDCST] is the  broadcasting  arm  of  Network18.  TV18  operates  India’s largest bouquet of News channels across 15 languages and 26 states;
with  marquee  properties  like  CNBC-TV18  in  Business  News  and  CNN News18  in  English  News. Through its JV Viacom18, it also  operates  a portfolio  of entertainment channels across genres, including leading premium local and global brands like Colors, Nickelodeon  and  MTV.  Viacom18  also  operates  OTT  platform  VOOT  and  produces  and  distributes  films  through  Viacom18 Motion  Pictures.  Through  Panorama,  a  subsidiary  of  TV18,  the  network  operates  a bouquet of 13 regional news channels under the  News18  brand  name.  TV18  also  operates  a  joint  venture  with  the  Lokmat  Group  which  houses  the  Marathi  news  channel News18  Lokmat.  To  cover  the  global  audience & sizable NRI population, TV18 operates News18, a twenty-four-hour television news  channel  designed  to give global audiences a window into the world’s largest democracy. TV18’s Infotainment JV AETN18 that operates  channels  such  as  History  and  FYI  and  distribution/syndication  JV  Indiacast  complete  the  bouquet  of  offerings, making  TV18  a  full-portfolio  broadcast  player.  Through  'Network18  Media  &  Investments  Ltd.'  [BSE:  532798,  NSE: Network18],  the  group  operates  its  digital  publishing  and e-commerce  assets  including  moneycontrol.com,  news18.com, cnbctv18.com, and  Firstpost.com.  Network18  also  has  significant  interests  in  e-commerce properties  like  HomeShop18  and bookmyshow.com  and  publishes  Forbes  India,  the  nation’s  first  local  edition  of  a  foreign  news  magazine  in collaboration  with Forbes  Media.  In  addition,  the  group  operates Network18  Publishing,  a  player  in  the  special  interest  publishing  space,  which publishes  magazines  such  as  Overdrive,  Better  Photography  and  Better  Interiors.  ‘Network18’  also  has  strategic investments in Yatra, Colosceum, Topper, 24x7 learning and Ubona. For more information, log on to www.network18online.com