Eterno Infotech

Bengaluru, India Founded: 2005 • Age: 21 yrs Acquired By VerSe
Mobile application developer

About Eterno Infotech

Eterno Infotech is a Media & Entertainment company based in Bengaluru (India) founded in 2005, and was acquired by VerSe in March 2012. Mobile application developer. Eterno Infotech has raised $1.17 million across 1 funding round from investors including Rediff.com and VerSe. The company has 279 employees. Its Indian entity Eterno Infotech Private Limited reported revenue of β‚Ή434 Cr. Eterno Infotech offers products and services including Dailyhunt App and Advertising Solutions. Its focus areas include Consumer, Social Platforms, Horizontal and Video Sharing. Its competitors include VerSe and Chingari; 2 of its 2 listed competitors have raised funding.

Company details

Eterno developsnbsp;software applications for MIDP and Symbian operating systems. Its products include a GPRS-based communication solution whichnbsp;allows the operator to generate and push out Indian language SMS. Its customers includenbsp;handset manufacturers, telecom operators, channel partners, system integrators, and online portals.nbsp;Rediff bought a minority stake in the company in 2008 andnbsp;exited its position when Verse acquired the company in 2012. It is widely known for its news application NewsHunt.

Key Metrics
  • Annual Revenue
    ₹434 Cr

    FY 2025 · -13% YoY

  • Net Profit
    ₹33.58 Cr

    FY 2025 · 8% margin

  • EBITDA
    ₹85.80 Cr

    FY 2025 · 20% margin

  • Total Equity Funding
    $1.17M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.17M (USD), Seed

    Sep 2008

  • Investors
    Rediff.com

    & 1 more

  • Employee Count
    279
  • Acquired by
    VerSe

    (Mar 2012)

Products & Services of Eterno Infotech

Eterno Infotech offers a comprehensive portfolio of products and services, including Dailyhunt App and Advertising Solutions.

Dailyhunt App
Content Platform

Mobile app for personalized news and content in local languages

Advertising Solutions
Marketing Services

Tools for brands to reach vernacular audiences via content aggregation

Apps and channels of Eterno Infotech

Eterno Infotech publishes 2 mobile apps with over 100M+ downloads.

Dailyhunt - News & Magazines
Google Play News & Magazines Teen Free
Developer: Eterno Infotech
View on Google Play
Dailyhunt - News & Magazines
App Store News 12+
Developer: Eterno Infotech Pvt. Ltd.
View on App Store

Funding Insights of Eterno Infotech

Eterno Infotech has successfully raised a total of $1.17M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.17 million completed in September 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $1.17M
  • Total Rounds 1
  • Last Round Seed β€” $1.17M
  • First Round $1.17M

    (Sep 2008)

  • Investors Count 1

All 1 funding rounds of Eterno Infotech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2008$1.17MSeed–Rediff.com
–
Valuation history

2 investors in total: 2 institutional.

Investors in Eterno Infotech

Eterno Infotech has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Rediff.com and VerSe.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
News, email services, stock quotes, and expert advice are provided.
1996rediff.comMumbai, India
Developer of a short-video platform and technology infrastructure
2007verse.inBengaluru, India
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Investor details for Eterno Infotech

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Board of directors of Eterno Infotech Private Limited (Eterno Infotech)

Eterno Infotech Private Limited is the primary company behind Eterno Infotech. The board of Eterno Infotech Private Limited currently have 2 directors; the longest-serving is Prashant Chacko, appointed in 2014. 10 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Prashant Chacko
DIN 06931502
Director30 Jul 201412 yrs 2 moEterno Infotech Private Limited
Ravanan
DIN 07874413
Director19 Feb 20206 yrs 8 moEterno Infotech Private Limited

People of Eterno Infotech

2 people are tracked at Eterno Infotech (2 in leadership); the tracked headcount is 279.

NameRoleGroup
Leadership
Leadership
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Financials of Eterno Infotech

Figures of Eterno Infotech Private Limited, the primary company behind Eterno Infotech, for FY 2025. Revenue was ₹434 Cr (-13% year on year). Net profit was ₹33.58 Cr (8% margin). EBITDA was ₹85.80 Cr (20% margin). Revenue has grown at a compounded annual rate of +1% over three years and 0% over five years.

  • ₹434 CrRevenue · FY 2025 · -13% YoY
  • ₹33.58 CrNet profit · 8% margin
  • ₹85.80 CrEBITDA · 20% margin
  • ₹14.1 LakhPaid-up capital
  • 279Employees (provident fund records)
  • +1%Revenue CAGR, 3 years
  • 0%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Eterno Infotech Private Limited are on its company page.

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Detailed financial statements for Eterno Infotech

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Timeline of Eterno Infotech

3 dated milestones of Eterno Infotech across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Eterno Infotech is founded.
  2. Funding First funding round of $1.2M.
  3. Exit Acquired by VerSe.

Competitors of Eterno Infotech

Eterno Infotech has 2 listed competitors in our database, 2 of them funded. They include VerSe and Chingari.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
verse.in2007Bengaluru, India$1.68B669
Developer of a short-video platform and technology infrastructure
chingari.io2018Bengaluru, India$61.55M68
Social media platform that helps users to create and monetize short-form video content
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Detailed competitors of Eterno Infotech

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Top companies in DTC Media Innovators

3 companies that operate in the same segment as Eterno Infotech (DTC Media Innovators) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Diversified gaming and sports media platforms are operated and developed.
1999Mumbai, Maharashtra, IndiaUSD 127.93 MUSD 194.94 M63
Multi-category news is curated and delivered in multiple languages.
2009Bengaluru, Karnataka, IndiaUSD 129.01 M942
Hyperlocal short news app is provided in multiple languages.
2014Hyderabad, Telangana, IndiaUSD 30.77 MUSD 5.35 M309
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Related news about Eterno Infotech

Eterno to lease 1,500 m² in Frankfurt
Property-Magazine β€’ 4 years ago
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Complete news archive for Eterno Infotech

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Frequently Asked Questions about Eterno Infotech

Eterno Infotech was founded in 2005 and raised its 1st funding round 3 years after it was founded.

Eterno Infotech is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Eterno Infotech is a funded company, having raised a total of $1.17M across 1 funding round to date. The company's 1st funding round was a Seed of $1.17M, raised on Sep 2008.

Eterno Infotech has 279 employees.

The primary company behind Eterno Infotech, Eterno Infotech Private Limited, reported revenue of β‚Ή434 Cr for FY 2025, down 13% year on year.

Eterno developsnbsp;software applications for MIDP and Symbian operating systems. Its products include a GPRS-based communication solution whichnbsp;allows the operator to generate and push out Indian language SMS. Its customers includenbsp;handset manufacturers, telecom operators, channel partners, system integrators, and online portals.nbsp;Rediff bought a minority stake in the company in 2008 andnbsp;exited its position when Verse acquired the company in 2012. It is widely known for its news application NewsHunt.

Eterno Infotech's top competitors include Chingari and VerSe.

Eterno Infotech offers Dailyhunt App and Advertising Solutions.

Eterno Infotech has 2 investors. Key investors include Rediff.com, and VerSe.

Eterno Infotech operates through Eterno Infotech Private Limited.

Yes. Eterno Infotech was acquired by VerSe in March 2012.

The legal entities of Eterno Infotech currently have 2 directors, including Ravanan, Prashant Chacko.

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