NKN Media raises $4.08 Mn at $81.69 Mn valuation
Media and television distribution company NKN Media has raised AED 15 million ($4.08 million) in a strategic investment from entrepreneur and investor Dhiraj Jain, founder and chairman of 1XL. The investment values the company at AED 300 million ($81.69 million) and gives Jain a 5% stake in the…