New Delhi: Spenta Multimedia, a media house with interest in custom publishing, has made an investment of an undisclosed sum into Radhakrishnan Nair-led MW.com India Pvt. Ltd, a holding company that publishes Man’s World magazine and the Indian edition of Rolling Stone, a US music and pop culture fortnightly.

“Spenta Multimedia has made an investment into the company purely from a growth and expansion perspective. It is not an acquisition. We have had a business relationship with them in the past. Some of our magazines have been published by them earlier," said Nair, owner and publisher of both the magazines.

“We have invested because we have a great respect for Radhakrishnan Nair and his team. MW.com India Pvt. Ltd will continue to operate independently as before, and Nair will continue to manage the company," said Maneck Davar, proprietor, executive editor and publisher at Spenta Multimedia.

Davar declined to give any specific details on the size of the deal.

In April, the Delhi Press Group, publisher of magazines such as The Caravan and Woman’s Era in English and the Hindi-language Sarita, Grihshobha and Champak, was in talks to buy the 13-year-old Man’s World, which was launched in 2000 by Anuradha Mahindra, wife of industrialist Anand Mahindra. She is now editor-in-chief of Verve and IQ, The Indian Quarterly.

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