HT Media Limited announced it has acquired 19.99% equity stake in edtech company Digital Performance Media Private Limited (Digiperform).
According to the company’s exchange filing, “this is to inform you that the Company has acquired 19.99% equity stake in Digital Performance Media Private Limited (Digiperform). Particulars of the above acquisition as per SEBI’s circular no. CIR/CFD/CMD/4/2015 dated 9 th September, 2015, are enclosed as Annexure-A.”
Digiperform is an Edtech company, growing it’s online and offline presence which may help HT to reach younger generation in a cost effective way, the statement said.
Digiperform is a digital marketing certification company having PAN India presence. Digiperform imparts skill based digital marketing training to create opportunities for self-employment and/or to get better job placements.
HT Media is an Indian mass media company having holdings in print, electronic and digital media. HT Media’s flagship newspaper is the Hindustan Times, the second most widely read English newspaper in India after The Times of India. It also publishes Mint, an Indian financial daily newspaper.
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.