NewsReach
A2 – 1107 to 1112, 11th Floor, Palladium Corporate Office, Makarba Corporate Road, Makarba, Ahmedabad, Gujarat, 380051, India
Overview
Newsreach, founded in 2018 by Darshan Shah and Soniya Kundani, operates a tech-enabled local news community focused on vernacular hyper-local publications. The platform lets creators license original work across a network and offers brands advertorial and sponsored-content options to reach local audiences. Management positions the product as an alternative to search and display advertising dominated by global giants, targeting users in tier‑2 cities and beyond. The company describes its mission as building an equitable content ecosystem and enabling better ROI and engagement for local advertising. Newsreach has previously received backing from individual and angel investors, and the recent seed award has filled its current funding round. The article does not disclose revenue or user metrics. NewsReach runs a content marketplace and SaaS aimed at vernacular content creators and publishers, enabling buying, selling and licensing of content in regional languages. The company’s marketplace is currently in public beta on an invitation basis. NewsReach says it serves the creator-economy demand for vernacular publishers and content creators and aims to digitize and consolidate the news media ecosystem. The startup plans to use fresh capital to strengthen company operations and its technology stack, including its content e-commerce/marketplace. The article notes the company has seen over 10x growth in signup-request traction in the last month and that overall revenue has seen a multi-fold increase due to digital adoption. Vyomeen Media operates NewsReach, a platform that aggregates news from local publishers and other original content providers, focused on rural and semi-urban areas. The service publishes in English, Hindi, Gujarati and Bengali and offers partner publications a digital footprint plus monetisation via advertising and licensing to larger publications. The company plans to use the fresh capital to improve technology, acquire publishers and for marketing. Financial terms of the seed round were not disclosed. NewsReach was founded in 2018 by Darshan Shah and Soniya Kundnani and is based in Ahmedabad. The founders also co-founded digital advertising agency VyomDisk Media and previously worked at Vertoz Advertising; earlier backers included Hiren Shah and Ashish Shah.
- Total raised
- $0M
- Funding rounds
- 3
- Latest round
- Seed
- Latest activity
- Jan 2023
Industries
- Advertising
- Media and Entertainment
Recent funding
Seed
Jan 2023
$0M