NewsLaundry Overview
- Year Founded
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2011
- Status
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Private
- Employees
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72
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$458K
- Investors
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6
NewsLaundry General Information
Description
Developer of a digital media platform designed to provide and publish news and updates on current affairs in an unadulterated and unbiased view. The company's platform focuses on scrutinizing the mainstream media in India and offers a well-researched, balanced critique of news reporting in multiple languages, enabling readers to remain updated about society and current affairs.
Contact Information
Website
www.newslaundry.comCorporate Office
- B-113, Ground Floor
- Sarvodaya Enclave, South Delhi
- New Delhi, 110017
- India
Corporate Office
- B-113, Ground Floor
- Sarvodaya Enclave, South Delhi
- New Delhi, 110017
- India
NewsLaundry Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
2. Later Stage VC | 24-Jan-2019 | $458K | Completed | Generating Revenue | ||
1. Later Stage VC | 22-Feb-2016 | Completed | Generating Revenue |
NewsLaundry Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Ordinary | ||||||||
Ordinary | ||||||||
Series A | ||||||||
Ordinary | 12,229 | $0.141891 | $8.94 | $8.94 | 1x | $8.94 | 4.19% | |
Ordinary | 2,717 | $0.141891 | $8.8 | $8.8 | 1x | $8.8 | 0.93% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
NewsLaundry Comparisons
Industry
Financing
Details
NewsLaundry Competitors (9)
One of NewsLaundry’s 9 competitors is The News Minute, a Venture Capital-Backed company based in Bangalore, India.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
The News Minute | Venture Capital-Backed | Bangalore, India | ||||
NewsBytes | Venture Capital-Backed | Singapore, Singapore | ||||
Scroll.in | Venture Capital-Backed | Cambridge, MA | ||||
InShorts | Venture Capital-Backed | Singapore, Singapore | ||||
Way2News | Venture Capital-Backed | Hyderabad, India |
NewsLaundry Signals
NewsLaundry Investors (6)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Abhijit Bhandari | Angel (individual) | Minority | ||
Digital Media Laboratory | Corporation | Minority | ||
Mahesh Murthy | Angel (individual) | Minority | ||
Omidyar Network | Impact Investing | Minority | ||
Shashank Bhagat | Angel (individual) | Minority |
NewsLaundry FAQs
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When was NewsLaundry founded?
NewsLaundry was founded in 2011.
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Where is NewsLaundry headquartered?
NewsLaundry is headquartered in New Delhi, India.
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What is the size of NewsLaundry?
NewsLaundry has 72 total employees.
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What industry is NewsLaundry in?
NewsLaundry’s primary industry is Publishing.
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Is NewsLaundry a private or public company?
NewsLaundry is a Private company.
-
What is the current valuation of NewsLaundry?
The current valuation of NewsLaundry is
. -
What is NewsLaundry’s current revenue?
The current revenue for NewsLaundry is
. -
How much funding has NewsLaundry raised over time?
NewsLaundry has raised $1.03M.
-
Who are NewsLaundry’s investors?
Abhijit Bhandari, Digital Media Laboratory, Mahesh Murthy, Omidyar Network, and Shashank Bhagat are 5 of 6 investors who have invested in NewsLaundry.
-
Who are NewsLaundry’s competitors?
The News Minute, NewsBytes, Scroll.in, InShorts, and Way2News are some of the 9 competitors of NewsLaundry.
Data Transparency
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