Knowledge Partners


 Basiz Fund Service    Economic Laws Practice    Avalon Consulting  

 Spark Capital    Tatva Legal   

July 13, 2014

Deal Alert: Times Internet, Flipkart founders invest in mobile app firm News in Shorts

News in Shorts, a mobile app firm that gives out top news stories in 60-word bite-sized portions, has raised seed investment from Times Internet and a group of entrepreneurs, including Flipkart co-founders Sachin Bansal and Binny Bansal. The funding will be used mainly to expand its content and technology teams. Launched last September, the Delhi-based company was part of the fourth batch of Times Internet's accelerator TLabs. Aimed at time-starved users, News in Shorts curates top stories and provides a short summary of each news item. The app has now clocked up over 30,000 users.

 
Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to view our products list including the Free Deal Digest Weekly: India's First & Most Exhaustive Transactions Newsletter.