NKN Media Raises $4.08M At $81.69M Valuation
NKN Media has secured a strategic investment of AED 15 million ($4.08 million) from entrepreneur and investor Dhiraj Jain, founder and chairman of 1XL. The investment values NKN Media at AED 300 million ($81.69 million), with Jain acquiring a 5% stake in the company.
The investment comes as NKN Media looks to expand beyond the UAE and strengthen its presence across international media and entertainment markets. The company, which began with a focus on media distribution, is increasingly expanding into original intellectual properties, entertainment formats, international events and strategic media partnerships.
One of its recent properties is Falcons of Majlis, a UAE-focused reality funding show built around the country’s startup ecosystem. The format brings entrepreneurs and investors together, with selected startups presenting their businesses to an investor panel.
NKN Media’s portfolio also includes Dubai Property Expo, Indo-UAE International Property Expo and Icons of UAE. The company operates across the UAE, UK, Singapore, Malaysia, Canada, Bahrain, India and Sri Lanka, with broadcast partnerships including Republic TV, Aaj Tak, India Today and Times Now.
The new investment is expected to support NKN Media’s international expansion and its plans to develop original media properties that can reach audiences across India, the Middle East and other global markets.
