NITV Raises 3.5 million Yen new funds and acquisition of transferred shares – New IT Venture Corporation

Press Release

NITV Raises 3.5 million Yen new funds and acquisition of transferred shares

Sunday May 19, 2013

New IT Venture Corporation (NITV) Japan based technology startup today announced a 3.5 million Yen seed round from new investor Tadashi Mori, and existing investor/founder Kamal Adhikari, have also joined in the round.

Also Company announced some Acquisition of transferred shares have been registered:
Bhaban Bhatta buyout 4K shares of DM Hirachan
Kamal Adhikari buyout 1K shares of Ganesh Kumar Basnet

If you are interested to know more about company, we invite you to visit corporate website ,
www.newitventure.com

About New IT Venture K.K. – NITV is a next generation OTT IPTV & Cloud Video Platform Company that has developed a Complete Video Streaming IPTV Solution for Broadcasters, Telcos, ISPs, Hospitality Services & Content Distributors. NITV has partnered with the world’s leading media and technology companies, NITV owns and operates different community based OTT IPTV Platforms and self IPTV Head-end. Founded by executives in the media, technology, and financial communities, NITV is headquartered in Tokyo, Japan, and maintains network operations facilities in Japan, USA, Singapore, Australia, and Europe, and a development center in Kathmandu Nepal. The team at NITV invites everyone to visit www.NewITVenture.Com to learn more about what the company is doing. We accept communication in Japanese, English, Nepalese, Hindi and Urdu.

Press Contact:

Japan +81-3-5650-5430 press@newitventure.com

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