Citibank picks up 20% in Mindzones.com

MUMBAI MAY 17: Citibank has picked up a 20 per cent stake at the initial valuation of Rs 33 crore in Mindzones.com, a web site created to identify, promote, nurture and reward every kind of talent in the youth community across the world.

He said a corpus of Rs 3 crore has been set aside for awarding scholarships and rewards inclusive of financial assistance, counselling services and sponsorships etc to deserving talents in the field of art, music, sport etc in the first phase of operations, so that there is enough motivation, fun and awards for everyone.