About NewsBytes
NewsBytes is a Media & Entertainment company based in Singapore (Singapore) founded in 2015. News across categories including India, business, and technology is provided. NewsBytes has raised $2.9 million across 6 funding rounds from investors including Mumbai Angels, North Base Media and UBR Capital. The company has 84 employees. NewsBytes was last valued at $5.81 million in April 2020. Its website newsbytesapp.com draws about 1.3 million monthly visits. Its Indian entity Elysium Labs Private Limited reported revenue of ₹8.21 Cr. NewsBytes offers products and services including News App and News Website. Its focus areas include Internet First Media, News Portals, Publishers and National.
Company details
NewsBytes was established in 2015 in Singapore as a news provider. Coverage of current events is delivered in sectors such as politics, sports, entertainment, automobiles, and lifestyle, with emphasis on India, business, and technology. The platform operates in multiple languages and grants access to news archives and related resources through its domain.
- Headquarters Singapore, Singapore
- Employees 84
- Stage Minicorn
- SectorsMedia & Entertainment
- Website category News and Media
- Email••••••••
- Phone•••• ••••
- Website newsbytesapp.com
- Social LinkedIn X Facebook
- Legal Name Elysium Labs Private Limited
- Date of Incorporation 27 Feb, 2013
- Jurisdiction Ghaziabad, Uttar Pradesh, India
- Indian entity revenue₹8.21 Cr
FY 2024 · 0% YoY
- Indian entity net loss-₹53.2 Lakh
FY 2024 · -6% margin
- Indian entity EBITDA-₹52.7 Lakh
FY 2024 · -6% margin
- Total Equity Funding$2.9M (USD)
in 6 rounds
- Latest Funding Round$1.5M (USD), Series A
Apr 2020
- InvestorsMumbai Angels
& 34 more
- Employee Count84
Associated legal entities of NewsBytes
NewsBytes operates through Elysium Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Elysium Labs Private Limited CIN U74120UP2013PTC055302 | Active | 27 Feb 2013 | Ghaziabad, Uttar Pradesh | ₹8.2 Cr | 84 | 3 | View details |
Products & Services of NewsBytes
NewsBytes offers a comprehensive portfolio of products and services, including News App and News Website.
Platform for accessing latest news articles and updates
Site for browsing contextual news on various topics
Apps and channels of NewsBytes
NewsBytes publishes 2 mobile apps with over 1.1M+ downloads.
Funding Insights of NewsBytes
NewsBytes has successfully raised a total of $2.9M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $1.5 million completed in April 2020. 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 $2.9M
- Total Rounds 6
- Last Round Series A — $1.5M
- First Round $50,000
(Aug 2015)
- Investors Count 35
All 6 funding rounds of NewsBytes with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2020 | $1.5M | Series A | $5.81M | North Base Media | |
| Jul 2019 | $116,299 | Seed | $6.45M | Powerhouse Ventures | |
| Oct 2017 | $1M | Seed | – | Müller Medien, Powerhouse Ventures | |
| May 2017 | $88,344 | Seed | $••••• | Saibaba Vutukuri | |
| Apr 2016 | $142,332 | Seed | $••••• | Powerhouse Ventures | |
| Aug 2015 | $50,000 | Seed | $••••• | Powerhouse Ventures, GSF |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2020 | $5.81M | •••••••• |
| Jul 2019 | $6.45M | •••••••• |
| May 2017 | $••••• | •••••••• |
| Apr 2016 | $••••• | •••••••• |
Full valuation and stage history of NewsBytes
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $5.81M (Apr 2020). 35 investors in total: 9 institutional and 26 angel.
Investors in NewsBytes
NewsBytes has secured backing from 35 investors, including venture fund and angel investors. Prominent investors backing the company include Mumbai Angels, North Base Media and UBR Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm investing in early and mid stage companies in growing markets | 2013 | northbasemedia.com | Chevy Chase, United States | |
Venture capital firm focused on early-stage investments | powerhouseventures.com | Singapore, Singapore | ||
Multiple sectors are incubated by the foundation in Mumbai, India. | jitojiif.com | Mumbai, India | ||
Venture capital fund focused on fintech, Edtech, consumer tech, and multiple sectors | finkurve.co | Mumbai, India | ||
Family office focused on media & entertainment sectors | mueller-medien.com | Nuremberg, Germany | ||
Early-stage venture investments are facilitated by Mumbai Angels network. | 2006 | mumbaiangels.com | Mumbai, India | |
Venture capital firm investing in technology and consumer companies with a focus on scaling and market dominance. | 2010 | ubrcapital.com | Mumbai, India | |
Venture capital firm focused on edtech companies | newbiepromoters.tcc.mode | Kolkata, India | ||
Early-stage tech investments are focused on by GSF in India. | gsfindia.com | Delhi, India | ||
RK Rinni Kaivanbhai Shah | unknown_81381a9ecccb4830b |
Investor details for NewsBytes
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Elysium Labs Private Limited (NewsBytes)
Elysium Labs Private Limited is the primary company behind NewsBytes. The board of Elysium Labs Private Limited currently have 3 directors; the longest-serving is Shikha Chaudhry, appointed in 2013.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shikha Chaudhry DIN 06475591 | Director | 27 Feb 2013 | 13 yrs 7 mo | Elysium Labs Private Limited |
| Sumedh Chaudhry DIN 06476961 | Director | 27 Feb 2013 | 13 yrs 7 mo | Elysium Labs Private Limited |
| Prasad Srinivasa Peddu DIN 05334093 | Nominee Director | 25 May 2017 | 9 yrs 4 mo | Elysium Labs Private Limited |
People of NewsBytes
3 people are tracked at NewsBytes (3 in leadership); the tracked headcount is 84.
| Name | Role | Group |
|---|---|---|
| Co Founder | Leadership | |
Romesh Khaddar | Co-founder & CTO | Leadership |
| Co-Founder | Leadership |
Complete people profiles for NewsBytes
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of NewsBytes
Figures of Elysium Labs Private Limited, the primary company behind NewsBytes, for FY 2024. Revenue was ₹8.21 Cr (0% year on year). Net loss was -₹53.2 Lakh (-6% margin). EBITDA was -₹52.7 Lakh (-6% margin). Revenue has grown at a compounded annual rate of +5% over three years and +186% over five years.
- ₹8.21 CrRevenue · FY 2024 · 0% YoY
- -₹53.2 LakhNet loss · -6% margin
- -₹52.7 LakhEBITDA · -6% margin
- ₹1.7 LakhPaid-up capital
- 84Employees (provident fund records)
- +5%Revenue CAGR, 3 years
- +186%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Elysium Labs Private Limited are on its company page.
Detailed financial statements for NewsBytes
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of NewsBytes
4 dated milestones of NewsBytes across 5 years, from founding to its latest funding, stage changes and deals.
- Founded NewsBytes is founded.
- Funding First funding round of $50K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $1.5M.
Web traffic of NewsBytes
The website of NewsBytes (newsbytesapp.com) receives about 1.3M visits a month and ranks #53,629 among all websites worldwide, #3,646 in News and Media.
- Monthly visits1.3M
▲ 7.7% vs previous month
- Unique visitors730.4K
per month
- Global rank#53,629
among all websites
- Category rank#3,646
News and Media
- Bounce rate61%
- Pages per visit2.0
- Average visit53 sec
- DevicesDesktop 17% · Mobile 83%
Websites whose visitors overlap most with NewsBytes. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| timesnownews.com | 100% | 19.5M | #2,949 | View details | |
| news18.com | 99% | 112.6M | #431 | View details | |
| freepressjournal.in | 96% | 3.3M | #13,748 | View details | |
indiatoday.in | indiatoday.in | 95% | #1,136 | – | |
| livemint.com | 93% | 36.9M | #1,793 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for NewsBytes
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Newsbytes
Complete news archive for NewsBytes
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about NewsBytes
NewsBytes was founded in 2015.
NewsBytes is headquartered in Singapore, Singapore.
NewsBytes is a funded company, having raised a total of $2.9M across 6 funding rounds to date. The company's 1st funding round was a Seed of $50K, raised on Aug 2015.
NewsBytes has 84 employees.
The primary company behind NewsBytes, Elysium Labs Private Limited, reported revenue of ₹8.21 Cr for FY 2024, down 0% year on year.
NewsBytes was established in 2015 in Singapore as a news provider. Coverage of current events is delivered in sectors such as politics, sports, entertainment, automobiles, and lifestyle, with emphasis on India, business, and technology. The platform operates in multiple languages and grants access to news archives and related resources through its domain.
NewsBytes offers News App and News Website.
NewsBytes has 35 investors. Key investors include Mumbai Angels, North Base Media, UBR Capital, Powerhouse Ventures, and JITO Incubation & Innovation Foundation.
The valuation of NewsBytes is $5.81M as of Apr 2020.
NewsBytes operates through Elysium Labs Private Limited.
The legal entities of NewsBytes currently have 3 directors, including Shikha Chaudhry, Prasad Srinivasa Peddu, Sumedh Chaudhry.
Yes. NewsBytes publishes NewsBytes-Short News, News App and 1 more app, with over 1.1 million downloads.