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BCCL (Times Group) picks up stake in Taxshax.com

The private equity arm of Bennett Coleman & Company Ltd (The Times of India Group), has picked up stake in First Altus Resources and Networks which owns an online income tax return filing site Taxshax.com. The stake is in exchange for ad and branding support for Taxshax in the BCCL-owned properties.

The private equity arm of Bennett Coleman & Company Ltd (The Times of India Group), has picked up stake in First Altus Resources and Networks which owns an online income tax return filing site Taxshax.com. The stake is in exchange for ad and branding support for Taxshax in the BCCL-owned properties.

BCCL’s private treaty arm has already acquired stakes in about 175 companies including Culture Holiday (TravelChaCha.com) and HolidayIQ.com. [Source: VC Circle]

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