Anghami will become the first Arab technology company to list on NASDAQ New York via a merger with Vistas Media Acquisition Company Inc. (NASDAQ: VMAC), a publicly traded special purpose
VMC is looking to invest in some newer platforms in the M&E business.
15 Feb, 2021 - 08:37 AM IST | By Shikha Singh
MUMBAI: Singapore-based media investment entity Vistas Media Capital (VMC) made news in 2020 when it invested $5 million in Planet Marathi to acquire strategic equity in the OTT platform. The investment arm further roped in former Viacom18 COO Raj Nayak as an advisor to get a deeper insight into the country’s media and entertainment space.
Founded and run by NRIs, VMC is investing into multiple media businesses, companies and assets in the capital markets including stocks, bonds and options and private equity space.