Quint Digital Media Limited, a digital media company, reached an agreement with the Adani Group on a definitive term sheet.
Sanjay Pugalia, CEO, Adani Media Ventures Limited informed that Adani Media Ventures intends to lead the path for new age media over different platforms. He also said that the increased ability of our nation to consume information has dramatically transformed the way media is expected to disseminate authentic information. This is exactly what Adani Media Ventures intends to do.
He added that he has had the privilege of working with QBM’s talented, credible, and diverse team, and this relationship between AMV and QBM marks a strong beginning of Adani Group’s foray into Indian media.
Quintillion Business Media Private Limited will be acquired by Adani Group for a minority share.