New Delhi Television announced that One97 Communications (owner of consumer brand Paytm) has invested into Gadgets 360 (an NDTV ecommerce venture). Gadgets 360 has raised funding at a valuation of close to 50 million USD. Other investors include Inflexionpoint (cofounded by John Scully, former Apple CEO), Pramod Bhasin ( Founder, Genpact), Sixth Sense Ventures (Founded by Nikhil Vora), Vindi Banga (Former Chairman, Unilever) and Hiro Mashita (Founder & Director, M&S Partners).
Meanwhile, the Company also announced the appointment of Bhawna Agarwal as the CEO of Gadgets 360.
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