ZEEL to acquire add'l 10% stake in Ideabaaz Tech for Rs 15 crore

Ideabaaz Tech Private Limited is engaged in the business of media and entrepreneurship

by e4m Staff
Published: Oct 16, 2025 5:23 PM | 1 min read

Zee Entertainment Enterprises Ltd (ZEEL) on Thursday said its Board of Directors has approved an additional investment of ₹15 crore in the equity share capital of Ideabaaz Tech Private Limited (ITPL), a company engaged in the business of media and entrepreneurship.

Following the investment, ZEEL will hold a 20% stake in ITPL on a fully diluted basis.

According to the company’s filing, the authorized equity share capital of ITPL stands at ₹5,00,000 divided into 50,000 equity shares of ₹10 each, while the paid-up equity share capital is ₹1,20,060 divided into 12,006 equity shares of ₹10 each.

ZEEL clarified that the acquisition does not fall under the category of a related party transaction, and that the promoter, promoter group, or group companies have no interest in ITPL.

ITPL operates across three verticals - Show, Platform and Exhibition. It focuses on empowering startups across India, especially in Tier 2 and Tier 3 cities where access to resources and networks is often limited. The company aims to support innovation and entrepreneurship through its media and platform initiatives, ZEEL said.

ZEEL said the investment aligns with its strategic objective to diversify and expand its business operations, leveraging synergies in the media and digital ecosystem.

“The objective is to diversify and expand the current business operations of ITPL,” ZEEL said in a statement.

The transaction will be carried out through the acquisition of additional equity shares for a total consideration of ₹15 crore.