Jasubhai Digital Media (JDM)plans to invest Rs 8 crore in new ventures, which include new IT magazines, foraying into IT-related events and brand building of the recently launched Digit and Smart Computing magazines.
Anticipating the demand for broadband contents, JDM has already set up a video studio to produce content for prospective broadband players. The company has spent Rs 1 crore in setting up a video studio in Navi Mumbai which will provide broadband contents to broadband players.
Other future plans include, acquisition of international and domestic technology-related companies providing content and research materials. All these are aimed at strengthening the company’s existing offerings.