Hindustan Media Ventures invests in AI Growth, reports Q2 results

Hindustan Media Ventures Limited (HMVL) announced an investment of up to INR 16.22 crore in AI Growth Private Limited. This investment will be made by subscribing to equity shares or convertible equity-linked instruments of AI Growth Private Limited, a fintech entity incorporated on August 22, 2020. The investment aims to achieve capital return and leverage media assets, with an indicative completion time for the acquisition of September 2030.

The board also approved the unaudited consolidated and standalone financial results for the quarter and half-year ended September 30, 2025. For the consolidated results, the profit after tax for the period was INR 1,008 lakhs for the quarter and INR 2,032 lakhs for the six months. For standalone results, the profit after tax for the period was INR 1,168 lakhs for the quarter and INR 2,171 lakhs for the six months.

AI Growth Private Limited's turnover for FY 2024 was INR 21.24 crore, FY 2023 was INR 12.80 crore, and FY 2022 was INR 0.62 crore. The company operates multiple platforms for fixed income investments for individuals and institutions, and provides debt financing solutions.