# Nanguang Media

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nanguang-media

- Industry: Media
- Headquarters: Hangzhou, China
- Website: www.hzngtv.com
- Total disclosed funding: $1.6M
- Latest round: Series C (Jun 2, 2015)
- Investors on record: 2

## About

Nanguang Media specializes in domain name brokerage, facilitating the secure buying and selling of domain names through an escrow service, serving entrepreneurs and businesses globally.Nanguang Media, founded in 1998 in Hangzhou, China, operates in the domain name brokerage sector. The company has successfully completed 2 deals, with its most recent deal occurring on June 2, 2015, when it raised RMB 10 million in Series C funding from Jiyou Capital and Zhengyou Capital. The founder, A Kumar, has a background that includes experience in establishing businesses within this industry.HZNGTV.com is primarily engaged in the domain name brokerage sector, offering a specialized platform for the buying and selling of domain names. The company operates an escrow service, which ensures secure and professional transactions between buyers and sellers. Their core offerings enable clients to list domain names for sale, while potential buyers can easily navigate through the available listings to acquire domains of interest. The company serves a diverse client base that includes individual entrepreneurs, small to medium-sized businesses, and larger corporations seeking to establish or enhance their online presence through premium domain names. HZNGTV.com targets markets globally, facilitating transactions that transcend geographical boundaries, reaching customers in North America, Europe, and Asia, among other regions.The revenue model of HZNGTV.com is primarily driven by commission-based transactions and direct sales of domain names. The company generates income through a straightforward pricing structure, where domain names are listed for a fixed price, in this case, CNY 999.00 for specific domains. As clients engage with the platform, they enter a transaction process that typically involves the buyer making a direct purchase or negotiating terms within the escrow service framework. This model enables seamless B2B interactions, whereby businesses and individuals secure domains that align with their branding strategies. The sales process is backed by professional support to ensure a smooth transaction, enhancing customer satisfaction and loyalty. HZNGTV.com’s robust platform is designed to accommodate a high volume of transactions, contributing to its significant annual transaction volume.Following the Series C funding on June 2, 2015, Nanguang Media plans to expand its product offerings, enhancing its platform capabilities for domain name transactions. The company aims to penetrate new geographic markets, focusing on expanding its presence in Europe and Asia by 2025. The recent funding will be utilized to bolster marketing efforts and improve technical infrastructure to support these initiatives.

## Funding rounds

- Series C, Jun 2, 2015, $1.6M — Jiyou Capital, Zhengyou Capital

## Investors

- Jiyou Capital — Series C
- Zhengyou Capital (https://capitalatlas.ai/funds/zhengyou-capital) — Series C