Acquisition of transferred shares & Raises 6 million Yen new funds – New IT Venture Corporation

Press Release

Acquisition of transferred shares & Raises 6 million Yen new funds

Sunday February 23, 2014

New IT Venture Corporation (NITV) Japan based technology startup today announced a major acquisition of transferred shares by Bhaban Bhatta.
Acquisition of transferred shares have been registered for:
Bhaban Bhatta buyout 2.4K shares of Kiran Bikram Thapa
Bhaban Bhatta buyout 1K shares of Dinesh Manandhar
Bhaban Bhatta buyout 1K shares of Rajan Pradhananga
Bhaban Bhatta buyout 1.1K shares of Shanker Man Shrestha
Bhaban Bhatta buyout 1.1K shares of Chirinjbi Thapa
Bhaban Bhatta buyout 200 shares of Bishnu Gautam

Also, announced a 6 million Yen seed round from existing Investors SunBridge Partners and Bhaban Bhatta

If you are interested to know more about company, we invite you to visit corporate website ,
www.newitventure.com

About New IT Venture K.K. – NITV is a next generation OTT IPTV & Cloud Video Platform Company that has developed a Complete Video Streaming IPTV Solution for Broadcasters, Telcos, ISPs, Hospitality Services & Content Distributors. NITV has partnered with the world’s leading media and technology companies, NITV owns and operates different community based OTT IPTV Platforms and self IPTV Head-end. Founded by executives in the media, technology, and financial communities, NITV is headquartered in Tokyo, Japan, and maintains network operations facilities in Japan, USA, Singapore, Australia, and Europe, and a development center in Kathmandu Nepal. The team at NITV invites everyone to visit www.NewITVenture.Com to learn more about what the company is doing. We accept communication in Japanese, English, Nepalese, Hindi and Urdu.

Press Contact:

Japan +81-3-5650-5430 press@newitventure.com

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JAPAN
NEW IT VENTURE CORPORATION
Kopo Yamato Bldg 2F, Tateishi 5-24-8
Katsushika-Ku, Tokyo 124-0012
NEPAL
NEW IT VENTURE CORPORATION LIMITED
Bansbari, Kapan Marg, House number 151
Near Thai Embassy, Kathmandu, Nepal
INDIA
NEW IT VENTURE (INDIA) PVT. LTD.
C9/9401, Vasant Kunj
New Delhi 110 070, India