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Rajesh Jain’s Netcore Acquires OneIndia & Click.in Parent Greynium

(Updated below with stats and questions) Rajesh Jain is back in the portals business. Netcore, his SMS content distribution and enterprise technology solutions business, has acquired Greynium Information Technologies, the owner of Indian language portals OneIndia, and classifieds business click.in, for an undisclosed amount. Jain had previously invested in Greynium via his personal venture capital firm, Emergic Venture Capital. The terms of the deal have not been disclosed. Bangalore based Greynium is an independent online media business, founded by BG Mahesh. BG Mahesh, known for Mahesh.com, was the CEO of IndiaInfo until December 2005. IndiaInfo was acquired by the Dainik Bhaskar Group, apparently in 2007. OneIndia portals provide content in English, Hindi, Tamil, Telugu, Kannada and Malayalam, and a claimed reach of over 6 million monthly unique visitors. Stats OneIndia.in: (based on Google Analytics Data shared by Greynium with Google AdPlanner) -- Unique visitors (cookies): 2M India, 7.3M Worldwide -- Pageviews: 40M India, 62M Worldwide -- Total Visits: 6.2M India, 12M Worldwide Click.in: (hasn't shared Google Analytics data) -- Unique visitors (cookies): 290K India 350K Worldwide -- Pageviews: 2.2M India, 2.6M worldwide -- Total Visits: 430K India, 510K worldwide OneIndia competes with the likes of WebDunia, owned by the Naidunia group of publications. The acquisition has significant synergies for for Netcore, with Greynium's online businesses complementing Netcore's mobile business: OneIndia And MyToday -- Greynium brings to the table vast amount of content and content creation capabilities to Netcore, which focuses on content distribution to consumers via SMS -- Netcore had earlier eschewed the…

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Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

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