About Public Next
Public Next is a company based in Hubli (India) founded in 2018 by Vishal Sheth, Raghavendra Gopal Rao, Sweta Mishra, Krupa Dilip Sheth, and Manjunath Rao.. Public Next has raised $457.03 thousand across 3 funding rounds from investors including Deshpande Startups, Google News Initiative and V S V Prasad. The company has 24 employees as of April 01, 2024. Public Next offers products and services including News Platform and Content Sections. Public Next operates in a competitive market with competitors including Way2News, Knocksense, PublicVibe, Hoopy Services and Circle Internet, among others.
- Headquarter Hubli, India
- Employees 24 as on 01 Apr, 2024
- Founders Vishal Sheth, Raghavendra Gopal Rao, Sweta Mishra, Krupa Dilip Sheth, Manjunath Rao
- Stage Minicorn
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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 Electreps Private Limited
- Date of Incorporation 17 Aug, 2017
- Jurisdiction Hubli, Karnataka, India
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Annual Revenue
$56.76 K (USD)135.87as on Mar 31, 2022
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Net Profit
$-80.04 K (USD)18.89as on Mar 31, 2022
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EBITDA
$-82.98 K (USD)13.26as on Mar 31, 2022
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Total Equity Funding
$457.03 K (USD)
in 3 rounds
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Latest Funding Round
$120.74 K (USD), Seed
Jan 04, 2023
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Investors
Deshpande Startups
& 8 more
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Employee Count
24
as on Apr 01, 2024
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Products & Services of Public Next
Public Next offers a comprehensive portfolio of products and services, including News Platform and Content Sections. 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.
Website for Kannada news and regional updates
Features for politics, sports, and crime news delivery
Funding Insights of Public Next
Public Next has successfully raised a total of $457.03K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $120.74 thousand completed in January 2023. 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 3
- Last Round Seed — $120,741
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First Round
First Round
(04 Nov 2019)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Seed - Public Next | Valuation | Google News Initiative |
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| Jan, 2022 | Amount | Angel Round - Public Next | Valuation | V S V Prasad | |
| Nov, 2019 | Amount | Seed - Public Next | Valuation | Deshpande Startups |
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| 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 Public Next
Public Next has secured backing from 9 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Deshpande Startups, Google News Initiative and V S V Prasad. 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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Supporting startups through incubation, funding, and innovation services in India.
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Founded Year | Domain | Location | |
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Provider of solutions for news organizations
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Founded Year | Domain | Location | |
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VS
V S V Prasad |
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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 Public Next
| 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 - Public Next
| 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 |
Public Next Comparisons
Competitors of Public Next
Public Next 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 Way2News, Knocksense, PublicVibe, Hoopy Services and Circle Internet, 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 |
Hyperlocal short news app is provided in multiple languages.
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| domain | founded_year | HQ Location |
Provider of multi category news portal
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| domain | founded_year | HQ Location |
An app-based platform is operated for multi-category news delivery.
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| domain | founded_year | HQ Location |
Online platform for news articles on sports, entertainment, and current events worldwide.
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| domain | founded_year | HQ Location |
Local news portal with a focus on Uttar Pradesh
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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 Public Next
Frequently Asked Questions about Public Next
When was Public Next founded?
Public Next was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Public Next located?
Public Next is headquartered in Hubli, India. It is registered at Hubli, Karnataka, India.
Who is the current CEO of Public Next?
Manjunath Rao is the current CEO of Public Next. They have also founded this company.
Is Public Next a funded company?
Public Next is a funded company, having raised a total of $457.03K across 3 funding rounds to date. The company's 1st funding round was a Seed of $141.95K, raised on Nov 04, 2019.
How many employees does Public Next have?
As of Apr 01, 2024, the latest employee count at Public Next is 24.
What is the annual revenue of Public Next?
Annual revenue of Public Next is $56.76K as on Mar 31, 2022.
What does Public Next do?
Public Next was founded in 2018 in Hubli, India, as a platform for Kannada-language online news. Content is delivered in categories such as politics, cinema, sports, crime, and editorials. Trending sections and district-specific updates are featured to ensure timely coverage. Operations focus on regional audiences through native-language information services in the media sector.
Who are the top competitors of Public Next?
Public Next's top competitors include Way2News, NearGroup and Hoopy Services.
What products or services does Public Next offer?
Public Next offers News Platform and Content Sections.
Who are Public Next's investors?
Public Next has 9 investors. Key investors include Deshpande Startups, Google News Initiative, V S V Prasad, Bharath Swamy, and Swapna Amit Pawar.
What is Public Next's valuation?
The valuation of Public Next is $2.85M as of Jan 2022.
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