Way2News Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
-
12
- Latest Deal Type
-
Series B
- Latest Deal Amount
-
$14M
- Investors
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3
Way2News General Information
Description
Developer of a hyperlocal short news application designed to publish local language content on topics such as entertainment, health, and technology. The company's application is coupled with artificial intelligence-based quality checks that assist in offering real-time latest news updates in a short and summarized format and in a personalized format in several Indian languages, enabling users to find credible news from small towns, villages, and cities.
Contact Information
Website
www.way2news.coCorporate Office
- Plot Number 499, Hansa Crest, Road Number 36
- Jubilee Hills, Park View Enclave
- Hyderabad, Telangana 500033
- India
Corporate Office
- Plot Number 499, Hansa Crest, Road Number 36
- Jubilee Hills, Park View Enclave
- Hyderabad, Telangana 500033
- India
Way2News Timeline
Way2News Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Later Stage VC (Series B) | 17-Sep-2024 | $14M | Completed | Generating Revenue | ||
| 2. Later Stage VC | 03-Oct-2023 | Completed | Generating Revenue | |||
| 1. Later Stage VC (Series A) | 09-Jun-2022 | $16.5M | $16.5M | Completed | Generating Revenue |
Way2News Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | ||||||||
| Ordinary |
VC Exit Predictor
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Way2News Comparisons
Industry
Financing
Details
Way2News Competitors (16)
One of Way2News’s 16 competitors is InShorts, a Venture Capital-Backed company based in Singapore, Singapore.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| InShorts | Venture Capital-Backed | Singapore, Singapore | ||||
| Toutiao | Venture Capital-Backed | Beijing, China | ||||
| Scroll.in | Venture Capital-Backed | Cambridge, MA | ||||
| NewsPlus | Formerly Accelerator/Incubator backed | Hyderabad, India | ||||
| NewsBytes | Venture Capital-Backed | Singapore, Singapore |
Way2News Signals
Way2News Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| SRI Capital | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| WestBridge Capital (San Mateo) | Growth/Expansion | Minority |
Way2News Acquisitions (1)
Way2News’s most recent deal was a Merger/Acquisition with FindYogi. The deal was made on 01-Jan-2016.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| FindYogi | 01-Jan-2016 | Merger/Acquisition | Information Services (B2C) |
Way2News FAQs
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When was Way2News founded?
Way2News was founded in 2015.
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Where is Way2News headquartered?
Way2News is headquartered in Hyderabad, India.
-
What is the size of Way2News?
Way2News has 12 total employees.
-
What industry is Way2News in?
Way2News’s primary industry is Publishing.
-
Is Way2News a private or public company?
Way2News is a Private company.
-
What is Way2News’s current revenue?
The current revenue for Way2News is .
-
How much funding has Way2News raised over time?
Way2News has raised $30.5M.
-
Who are Way2News’s investors?
SRI Capital, , and WestBridge Capital (San Mateo) have invested in Way2News.
-
Who are Way2News’s competitors?
InShorts, Toutiao, Scroll.in, NewsPlus, and NewsBytes are some of the 16 competitors of Way2News.
Data Transparency
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