Indian Media Firm Nimbus Receives $125 Million From Cisco & Others; Biggest PE Investment in Media

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Nimbus Communications, the Indian TV content company which has the huge Indian domestic rights for cricket, has received about $125 million from a group of investors such as 3i, Cisco and Oman International Fund (OIF). This is the largest private equity investment in the Indian media and entertainment sector. 3i had earlier invested $45.5 million in Nimbus for a third of the company.
This is the final round of investment the company is seeking before doing its IPO. It “could be done within three years

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