[April 16, 2013] TV18 Home Shopping Network (HomeShop18) to raise $30 million in funding Tweet Apr 16, 2013 (Datamonitor Financial Deals Tracker via COMTEX) -- TV18 Home Shopping Network, Ltd., an India-based operator of teleshopping channel HomeShop18, is planning to raise $30 million in funding from OCP Asia (Hong Kong) Limited and Network 18 Media & Investments, Ltd. As part of the transaction, OCP Asia and Network 18 will invest $15 million each in TV18. Deal Value (US$ Million) 30 Deal Type Private Equity Sub-Category DIRECT INVESTMENT Deal Status Announced: 2013-04-11 Deal Participants Target (Company) TV18 Home Shopping Network, Ltd. Acquirer (Company) Network18 Media & Investments, Ltd. Deal Rationale The OCP Asia's investment will allow TV18 to accelerate its path of growth. [ Back To TMCnet.com's Homepage ]