Nimbus

In August 2005 3i entered the Indian market with a US$45 million investment in Nimbus Communications. This was the largest private equity investment to date in India's fast-growing media and entertainment industry.

Founded by Executive Chairman Harish Thawani in 1987, Nimbus is recognised as one of the world's leading producers and managers of media rights for cricket. Nimbus is also a leading Indian language TV and movie producer and has interests in digital content and film distribution.

Headquartered in Mumbai, the company has operations in India, Singapore, UK, South Africa and the Caribbean.

3i's global media expertise and its local execution skills were key to winning the mandate for this investment.

3i's extensive media sector knowledge will enable it to add strategic value to a business with an excellent position in a high-growth market and ambitious organic expansion and acquisition plans.