About Asianet News
Asianet News is a company based in Thiruvananthapuram (India) founded in 1993 by Sasi Kumar and Raji Menon.. The company has 223 employees as of April 02, 2024. Asianet News has completed 2 acquisitions, including Kannada Prabha and Newsfast. Asianet News offers products and services including News Platform and Video Content. Asianet News operates in a competitive market with competitors including Webedia, Vox Media, Penske Media Corporation, Group Nine Media and Red Ventures, among others.
- Headquarter Thiruvananthapuram, India
- Employees 223 as on 02 Apr, 2024
- Founders Sasi Kumar, Raji Menon
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Sectors
Media & Entertainment
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Email
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Phone
*********
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Website
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Social
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- Legal Name Asianxt Digital Technologies Private Limited
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$18.21 M (USD)61.92as on Mar 31, 2023
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Net Profit
$-1.63 M (USD)-8.97as on Mar 31, 2023
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EBITDA
$-351.77 K (USD)-360.5as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
223
as on Apr 02, 2024
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Investments & Acquisitions
Kannada Prabha
& 1 more
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Products & Services of Asianet News
Asianet News offers a comprehensive portfolio of products and services, including News Platform and Video Content. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides online news and updates on various topics
Offers videos on sports and entertainment news
Funding Insights of Asianet News
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Asianet News
Asianet News has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Kannada Prabha and Newsfast. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online Tamil news portal
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2016 | ||||
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Real-time Kannada news is delivered through an online portal.
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Asianet News
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Asianet News Comparisons
Competitors of Asianet News
Asianet News operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Webedia, Vox Media, Penske Media Corporation, Group Nine Media and Red Ventures, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple online media and lifestyle brands are owned and operated.
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| domain | founded_year | HQ Location |
Digital media publishing network
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| domain | founded_year | HQ Location |
Content on digital media corporations is published across multiple platforms.
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| domain | founded_year | HQ Location |
Digital-first media network
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| domain | founded_year | HQ Location |
Web development, digital marketing, and market analytics services are provided.
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| domain | founded_year | HQ Location |
Online news and digital services are provided in Portuguese.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Asianet News
Frequently Asked Questions about Asianet News
When was Asianet News founded?
Asianet News was founded in 1993.
Where is Asianet News located?
Asianet News is headquartered in Thiruvananthapuram, India. It is registered at Thiruvananthapuram, Kerala, India.
Who is the current CEO of Asianet News?
Neeraj Kohli is the current CEO of Asianet News.
How many employees does Asianet News have?
As of Apr 02, 2024, the latest employee count at Asianet News is 223.
What is the annual revenue of Asianet News?
Annual revenue of Asianet News is $18.21M as on Mar 31, 2023.
What does Asianet News do?
Asianet News was founded in 1993 in Thiruvananthapuram, India, operating within the media sector. Breaking news, features, and analysis are provided across politics, sports, lifestyle, and other categories. Coverage extends to local, national, and international events through text articles, videos, and multimedia. Entertainment programming, including movies, music, and television reviews, is also offered via the platform.
Who are the top competitors of Asianet News?
Asianet News's top competitors include Webedia, Vox Media and Ziff Davis.
What products or services does Asianet News offer?
Asianet News offers News Platform and Video Content.
How many acquisitions has Asianet News made?
Asianet News has made 2 acquisitions, including Kannada Prabha, and Newsfast.