M&A

M&A

Times Network acquires consumer tech magazine Digit

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Mumbai-based Times Network has acquired the tech focused magazine Digit from the 9.9 Group. The acquisition encompasses Digit’s print as well as digital business, Digit.in. Indium Capital served as the sole investment banking advisor for this acquisition.Established in 2001 with the launch of Digit magazine, Digit has expanded its presence online through Digit.in. The properties under Digit.in include Digit Squad, a network of tech influencers, and the SKOAR College Gaming Club (SCGC), a premier college gaming community. Collectively, Digit and Digit Squad are claimed to have a total reach of 180 million.