Funding
Strategic investment · Media & gaming

NKN Media raises AED15m strategic investment at AED300m valuation

Dhiraj Jain acquired a 5% stake as NKN plans to expand beyond the UAE and develop its global media presence.

By RoundOS Funding desk

A strategic investor for international expansion

Entrepreneur Dhiraj Jain, founder and chairman of 1XL, invested AED15 million in NKN Media for a 5% stake. The transaction values the media and television distribution business at AED300 million.

The capital will support expansion beyond the UAE and development of the company’s global media and entertainment presence. NKN’s pipeline includes original UAE-focused properties alongside distribution, events and media partnerships.

Use of funds

Expand beyond the UAE

Strengthen its global media and entertainment presence

Funding history

Strategic investment · This roundAED 15M

Sources

  1. NKN Media raises $4.08 Mn at $81.69 Mn valuationentrackr.com · Sep 30, 2026

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