India Digest: Star US injects $75m in Hotstar; HappyEMI nabs $1m; TVS ups Ultraviolette stake

India Digest: Star US injects $75m in Hotstar; HappyEMI nabs $1m; TVS ups Ultraviolette stake

Visual from Hotstar website

Homegrown video streaming service Hotstar’s parent Novi Digital Entertainment has raised Rs 516 crore (about $75 million) from Star US Holdings while digital consumer lending startup HappyEMI has secured $1 million in funding. In another development, Ultraviolette Automotive has received an additional investment of Rs 6 crore from TVS Motor Company.

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