Private Equity

Private Equity Fund Investments

Ventureland acquires publisher of Rolling Stone India, MW magazines

Mint  

Venture capital company Ventureland Asia Advisory Services, owned by ad man Sajan Raj Kurup, has acquired a controlling stake in Mumbai-based MW.Com India Pvt Ltd (MCPL), the publisher of magazines like Rolling Stone India and MW (Man's World). MCPL was till recently owned by publishing company Spenta Multimedia Pvt Ltd. MCPL has published Rolling Stone India, the Indian edition of music and pop culture magazine Rolling Stone, since 2008. Ventureland Asia plans to use its presence in the areas of marketing, brand building, visual communications, and new-age technology, to chart a digital-oriented growth strategy for the MCPL magazines.