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Tag: Youth Ki Awaaz

  • Raghav Bahl invests $3.25 million in Quintype

    Raghav Bahl invests $3.25 million in Quintype

    MUMBAI: Indian entrepreneur Raghav Bahl is invested $3.25 million in the California based data-driven publishing company Quintype.

     

    The company will use the capital raised to enhance product and business development. Specifically, the funding will be used to grow the product engineering, and sales teams, across locations in the US Bay Area, as well as in Bangalore, India.

     

    Bahl’s Quintillion Media runs a news site in India called The Quint, which was launched earlier this year on the Quintype platform.

     

    Quintype founder Amit Rathore said, “We are excited to have Mr. Bahl support our company as he has, and are looking forward to using the funds to grow the company even more, particularly from a business standpoint. At Quintype, our goal is to make it just as easy to start a non-trivial media operation, as it is to start a blog. So, if you want to start a new online magazine, or a news site or app, or any other high-velocity content property, you’ll be able to do it in minutes.”

     

    The Quintype platform is a seamless, end-to-end SaaS service that brings together all the functionality you need to run a modern media business, including everything needed to create and distribute content, understand and grow your audience, and also monetise that content. Because they’re all seamlessly integrated, these various functions work together extremely well, letting publishers focus on their content business, while the Quintype platform manages all the technology heavy lifting. It includes functionality like cardification, collaboration and team workflow tools, advanced semantic analytics, personalisation and recommendation systems, an advanced monetisation engine, and several other modules.

     

    This SaaS offering lets media organisations reduce technology costs, while at the same time, leveraging big data and predictive analytics to increase revenue and profits. In fact, Quintype’s business model is unique. The entire state-of-the-art platform is available to anyone, free of cost. Quintype partners with publishers by making money through a revenue-share model, effectively aligning their interests with that of the publisher. Quintype only makes money when the publisher does.

     

    Quintype also allows publishers to define more-nuanced audience segments, an attractive proposition for advertisers as well. Quintype takes this first-party data to the next level.

     

    Bahl, who launched his company Quintillion Media, after selling Network18 to Mukesh Ambani’s Reliance Industries, has been investing in multiple ventures. Most recently he invested Rs 4 crore in the media platform Youth Ki Awaaz as well as in the women-oriented job portal Sheroes.

  • Raghav Bahl’s Quintillion Media invests Rs 4 crore in Youth Ki Awaaz

    Raghav Bahl’s Quintillion Media invests Rs 4 crore in Youth Ki Awaaz

    MUMBAI: Raghav Bahl and Ritu Kapur led Quintillion Media, has invested Rs 4 crore in an angel round in Youth Ki Awaaz, a media platform for the youth to address some of the world’s most pressing issues – through thoughtful opinions and reportage.

     

    Kapur will join the board of the Youth Ki Awaaz parent – YKA Media Private Limited. BMR Advisors acted as transaction advisors to Quintillion Media and Novistra Capital acted as transaction advisors to Youth Ki Awaaz.

     

    Youth Ki Awaaz is a completely crowd-sourced digital media company, which aims to break the top-down, one-way approach of traditional media, making news creation and dissemination a collaborative/community led model. The platform’s approach to media is founded on the idea that public opinion is the new superpower, and that the media can do more to engage the current generation. From analysis and opinions on politics, to the latest on art and culture, Youth Ki Awaaz is a smorgasbord of personal stories, issue-centric writing and rights based interventions. The website receives over a million readers a month, and has contributions from over 30,000 writers from across India and the world.

     

    Youth Ki Awaaz founder Anshul Tewari said, “The last one year has seen a sudden rise in digital news and opinion platforms. With millions of dollars pouring into new startups, the growth is phenomenal. However, similar to traditional media, digital media too seems to be veering away from being people-focused. YKA on the other hand is a completely people driven digital media platform. With veterans like Raghav Bahl and Ritu Kapur on board as partners, we feel both privileged and excited to start a new and even more adventurous phase in pushing this generations opinions to the front. The capital will be invested in expanding our team, tech and business model.”

     

    The Quint co-founder Ritu Kapur added, “We were impressed by the idea conceived by Anshul and the team in creating Youth Ki Awaaz. In a short period of time, they have managed to carve a niche for themselves in the digital media space by creating a people driven digital media platform. We find their content to be high on both appeal as well as quality, which is a fine balance to strike. We are confident that they will continue to grow to greater heights in the coming future.”