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The Venture Codex

Hindustan Media Ventures

Hindustan Times House, 2nd Floor, 18-20 Kasturba Gandhi Marg, New Delhi, Delhi, 110001, India

Overview

HMVL is the publisher of ‘Hindustan’, the second largest Hindi newspaper daily based on total readership. The newspaper has a strong readership base in Bihar, Jharkhand and Uttar Pradesh. HMVL is a 75% subsidiary of the HT Media group.

Total investments
5
Lead investments
4
Investments · 12mo
1
Active investors
7

Sector focus

  • Media and Entertainment
  • News
  • Publishing
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Investment portfolio

  • BankBazaar.com

    Led · Equity · Nov 2025

    Founded in 2008, Chennai-based BankBazaar operates an online platform where more than 70 million users monitor credit scores, apply for co-branded credit cards, and access a suite of personal-finance tools. The company’s main revenue driver is its co-branded credit card business, which generated ₹210 crore in recurring revenue in FY25. Overall operating revenue grew to ₹250 crore in FY25 (up from ₹188 crore in FY24), and the firm posted an adjusted EBITDA profit of ₹4 crore, marking a turn to profitability. BankBazaar reports a 121% CAGR in recurring revenue over the past two years, highlighting strong momentum. Future growth initiatives include partnering with Muthoot Finance for gold loans, collaborating with leading NBFCs for personal loans, and launching subscription-based credit-score improvement services. The company also plans to use new capital to build AI-powered credit insights and personalized financial journeys, while expanding partnerships with private, public-sector, and small-finance banks. Backed by Amazon, Experian, Eight Roads, Peak XV, and Walden International, BankBazaar positions itself as an asset-light, profitable fintech poised for nationwide expansion.

  • Alt DRX

    Participated · Series A · May 2025

    Founded in 2021 by Anand Narayanan KB, Alt DRX operates at the intersection of prop-tech and blockchain, offering fractional ownership of real-estate assets through digital tokens recorded on Ripple’s XRPL. The platform allows retail investors to purchase property starting at a single square foot, opening access to an asset class traditionally limited to large buyers. Token holders receive two income streams: monthly rental payouts and long-term capital appreciation when the underlying asset gains value. Alt DRX emphasizes institutional-grade governance and regulatory compliance to build investor confidence. The company is positioning itself as infrastructure for developers looking to digitize their inventory, exemplified by its new partnership with Nila Spaces. Leveraging this collaboration, Alt DRX aims to scale its marketplace and improve liquidity across India’s residential sector. No operating metrics such as revenue or user count were disclosed in the article.

  • Pure EV

    Led · Equity · Feb 2024

    Pure EV manufactures electric motorcycles and scooters and is headquartered in Hyderabad. The company has sold over 70,000 units. It recently raised USD 8 million from a consortium of investors led by Bennett Coleman and Company Ltd and Hindustan Times Media Ventures, alongside Ushodaya Enterprises, existing investors and high-net-worth individuals. Pure EV said it is in the final stage of concluding a USD 25 million Series A1 with participation from a foreign institutional investor. Concurrently, it is in discussions with potential investors from Dubai, Hong Kong, and Singapore on a Series A2 targeting USD 15 million. The company plans to expand its pan-India dealer network from 140 to 300 dealers within the next six months.

  • StockGro

    Led · Convertible Note · Jan 2024

    Founded in 2020 by former venture capitalist Ajay Lakhotia, StockGro is building a full-stack, community-led ecosystem that helps users trade and invest more effectively through expert-driven insights and AI-powered research tools. The platform combines social engagement with market education, aiming to serve the rapidly expanding base of retail investors in India, whose demat accounts have grown from roughly 4 crore in 2020 to over 20 crore by 2025. StockGro plans to use new capital to expand geographically, deepen coverage across multiple asset classes, and bolster its advisory and research capabilities. To date, the company has secured about $90 million in combined equity and debt financing from investors such as SBI Ventures, Root Ventures, General Catalyst, Param Capital, and BITKRAFT Ventures. Financially, StockGro’s FY24 revenue from operations fell 34% year-over-year to ₹86.5 crore, while losses widened 84% to ₹101 crore. The company has not yet filed FY25 financials.

  • Zvesta

    Led · Series A · Feb 2020

    Zvesta is a Gurugram-based proptech company founded in 2016 by Rajan Dang and Anushree Srivastava. It provides a SaaS platform that enables buyers, sellers, developers, brokers and other stakeholders to search, list, advertise, buy, sell and rent properties across residential, commercial, plots and land. The company positions its product as a real-estate search engine built on a database intended to serve homeowners, buyers, sellers, renters, agents, landlords and property managers. Zvesta will use the new capital to build its brand and pursue collaborative marketing to accelerate real-estate aggregation across India. Its stated strategic focus is on building alliances and partnerships nationwide and strengthening its offering through its technology product. The article does not disclose revenue or user metrics.

Team

  • Sachidannand Sinha

    Founder & Director

  • Mr. Syed Hassan Imam

    Founder & Director

  • Shobhana Bhartia

    Non-executive Chairperson

  • Anirudh Singhal

    LinkedIn