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Asianxt Digital plans to raise up to $15 mn
Mint Mumbai
|January 31, 2024
Jupiter Capital-backed news and entertainment media-tech player Asianxt Digital Technologies (earlier Asianet News Media & Entertainment), is in talks to raise $10-15 million in growth capital, as the company is looking to enter the social media space with a short format video app next month.
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Confirming the development to Mint, Asianxt CEO Neeraj Kohli said, "We are looking to raise somewhere in the range of $10 to 15 million from like-minded investors. It is almost towards scaling up of our direct-to-consumer offering which is to be launched.
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