Zee buys out subsidiary, invests in Bangalore startup

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Zee Entertainment Enterprises Ltd (ZEEL) announced that it had bought out the balance 49% equity in India Webportal Pvt Ltd, its digital media distribution venture with MMC Investments.

 

ZEEL also announced its investment in Tagos Design Innovations Pvt Ltd, a Bangalore based technology startup. Tagos has designed an invideo discovery platform which ZEEL wants to utilise to strengthen its OTT business.

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