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Zee to acquire 80% stake in startup Margo for Rs 75 crore

Zee to acquire 80% stake in startup Margo for Rs 75 crore

Thursday, March 16, 2017, 9:44 AM

Media firm Zee Entertainment Enterprises (ZEEL) said it will acquire 80% stake in technology startup Margo Networks for Rs 75 crore. The company said Margo has developed a technology to set up the server and compute infrastructure which will enable content consumption and has the potential to significantly drive up the digital content consumption.
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