Overview
An established regional media company based in Bengaluru is seeking an investment of ₹10 crore in exchange for a 40% equity stake. Operating from a fully equipped 10,000 sq. ft. broadcast studio, the company launched its 24x7 regional-language satellite news channel in March 2026 and has already generated ₹16 crore in revenue within just three months. The business holds two broadcasting permissions from the Ministry of Information & Broadcasting for News & Current Affairs and Non-News Entertainment. Its channel is available on major DTH and cable platforms, reaching an estimated 54 million households across South India. Over ₹17.24 crore has been invested in a state-of-the-art broadcast facility. The company also owns a strong digital ecosystem, including a news portal, e-paper, YouTube channels with 1.34 million subscribers, and social media platforms with over 2.16 lakh followers. The proposed investment will be utilized with 35% towards launching the entertainment channel, 25% for expanding the newsroom and district bureaus, 20% for digital and OTT platform growth, and the remaining 20% as working capital to support future expansion.
Business Details
Proposed Deal Structure
Fresh issue of equity shares representing 40% of post-issue capital for Rs. 20 Crore, implying a pre-money valuation of Rs. 30 Crore. Funds subscribe into the company, not to existing shareholders. Investor receives board representation and customary minority protections. Milestone-linked tranches acceptable. Completion conditional on approval from the Ministry of Information & Broadcasting for the change in shareholding. Documented through a Share Subscription Agreement and Shareholders' Agreement.
Summarize your Idea/Business
A Kannada 24x7 satellite news channel in Bengaluru, licensed by the Ministry of Information & Broadcasting, live on major DTH platforms with 54 million reachable households.
Key Highlights
The company launched its 24x7 regional-language satellite news channel in March 2026 and has already generated ₹16 crore in revenue within just three months.
Future Potential
The immediate opportunity is operating leverage. Studio, newsroom and playout infrastructure is largely fixed cost, so commissioning the second permitted channel adds a full advertising and sponsorship revenue stream against an existing base. Beyond that: district bureau expansion across Karnataka, an OTT platform monetising the existing 1.5 crore digital audience, and improving advertising rate cards as the channel accumulates ratings history. Management projects revenue rising from Rs. 21.57 Crore in FY27 to Rs. 38.08 Crore by FY29, with profit after tax of Rs. 11.11 Crore and net worth of Rs. 45.58 Crore. Both permissions run ten years.
Team Overview
Founder-MD, a career Kannada journalist, secured both MIB permissions, led the Rs. 17.24 Crore greenfield studio build and anchors prime-time debate. Supported by a promoter and four functional heads.
Competition / Market
Yes
Financial Details
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