About NewsReach
NewsReach is a company based in Ahmedabad (India) founded in 2018 by Soniya Kundnani and Darshan Shah.. NewsReach has raised $1.32 million across 7 funding rounds from investors including Hindustan Media Ventures, Faad Capital and Texport. The company has 5 employees as of April 07, 2024. NewsReach offers products and services including Press Release Distribution, Podcast Services, and Public Relations. NewsReach operates in a competitive market with competitors including Greenfly, Skyword, NewsCred, Pepper Content and Contently, among others.
- Headquarter Ahmedabad, India
- Employees 5 as on 07 Apr, 2024
- Founders Soniya Kundnani, Darshan Shah
- Stage Minicorn
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Sectors
Media & EntertainmentTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Vyomeen Media Private Limited
- Date of Incorporation 14 Aug, 2018
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$327.37 K (USD)365.39as on Mar 31, 2022
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Net Profit
$-62.87 K (USD)-4.68as on Mar 31, 2022
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EBITDA
$-65.21 K (USD)-24.89as on Mar 31, 2022
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Total Equity Funding
$1.32 M (USD)
in 7 rounds
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Latest Funding Round
$473.59 K (USD), Seed
May 13, 2024
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Investors
Hindustan Media Ventures
& 73 more
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Employee Count
5
as on Apr 07, 2024
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Products & Services of NewsReach
NewsReach offers a comprehensive portfolio of products and services, including Press Release Distribution, Podcast Services, and Public Relations. 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.
Service for distributing press releases to media outlets for visibility.
Platform for creating and distributing business podcasts.
Management of company image and stakeholder relationships.
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Funding Insights of NewsReach
NewsReach has successfully raised a total of $1.32M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $473.59 thousand completed in May 2024. 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 Total Funding
- Total Rounds 7
- Last Round Seed — $473,586
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First Round
First Round
(04 Jul 2020)
- Investors Count 74
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Seed - NewsReach | Valuation |
investors |
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| Jan, 2023 | Amount | Seed - NewsReach | Valuation | Prachi Enterprise , Dikeboon Digicaps | |
| Dec, 2022 | Amount | Seed - NewsReach | Valuation | Ratna Developers |
| 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 |
Investors in NewsReach
NewsReach has secured backing from 74 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Hindustan Media Ventures, Faad Capital and Texport. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Innovations Capital is engaged in startup consulting and venture studio services.
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Founded Year | Domain | Location | |
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Investments in foodtech startups are managed by Vgrow Ventures.
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Founded Year | Domain | Location | |
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Multiple sectors are incubated by the foundation in Mumbai, India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NewsReach
| 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 |
Financial Statements - NewsReach
| 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 |
Newsreach Comparisons
Competitors of NewsReach
NewsReach 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 Greenfly, Skyword, NewsCred, Pepper Content and Contently, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Sports media content is managed and distributed via cloud platform.
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| domain | founded_year | HQ Location |
Keywords and social posts are managed by content marketing software.
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| domain | founded_year | HQ Location |
Platform offering software for marketing management
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| domain | founded_year | HQ Location |
AI-powered platform connects businesses with freelance content creators.
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| domain | founded_year | HQ Location |
Content marketing workflows are managed from creation to distribution.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Newsreach
Frequently Asked Questions about NewsReach
When was NewsReach founded?
NewsReach was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is NewsReach located?
NewsReach is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Who is the current CEO of NewsReach?
Darshan Shah is the current CEO of NewsReach. They have also founded this company.
Is NewsReach a funded company?
NewsReach is a funded company, having raised a total of $1.32M across 7 funding rounds to date. The company's 1st funding round was a Seed of $111.05K, raised on Jul 04, 2020.
How many employees does NewsReach have?
As of Apr 07, 2024, the latest employee count at NewsReach is 5.
What is the annual revenue of NewsReach?
Annual revenue of NewsReach is $327.37K as on Mar 31, 2022.
What does NewsReach do?
Founded in 2018 in Ahmedabad, India, NewsReach operates as a platform for distributing PR content. Press releases are streamlined and disseminated in real time, with content optimized for search engines to enhance visibility and engagement. Performance is tracked through integrated analytics. Services are extended to sectors including e-commerce, FMCG, and energy.
Who are the top competitors of NewsReach?
NewsReach's top competitors include Pepper Content, Greenfly and DivvyHQ.
What products or services does NewsReach offer?
NewsReach offers Press Release Distribution, Podcast Services, and Public Relations.
Who are NewsReach's investors?
NewsReach has 74 investors. Key investors include Hindustan Media Ventures, Faad Capital, Texport, Shuru Up, and dJAX Technologies.
What is NewsReach's valuation?
The valuation of NewsReach is $12.97M as of May 2024.