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Bangalore based regional news aggregator NewsHunt acqui-hires Vauntz

Indian local news aggregator app NewsHunt has acqui-hired the design, analytics and design startup Vauntz, reports YourStory. The financial details of the deal were not disclosed. Post acquisition, the Vauntz team will work on building a platform for NewsHunt combining large scale systems and first time internet users in India. NewsHunt mentions that it is looking to acquire more firms like Vauntz this year, in addition to investing in machine-learning building, distributed architecture & analytics and big data. Please note that according to a February 2015 report in the ET, the deal seems to have been completed in December 2014. Regional news and content, local language apps for users With the Rs 120 crores funding from Falcon Edge Capital in February this year, NewsHunt had said that it would enhance the platform’s capabilities resulting in better targeted and personalised content to users in their local languages. It will work as a distribution platform for other players developing local language apps besides partnering with existing players to offer commerce. Newshunt plans to add categories like videos, audio, test preparations among others in local languages. Indic ads’ CTR higher than English ads’ CTR In July 2014, at Medianama’s #NAMA Indic event in Bangalore, Vishal Anand, Chief Product Officer of NewsHunt, mentioned that the click through rates of Indic advertising were double as that of English ads through Newshunt’s tests. NewsHunt was acquired by Ver Se’ Innovation from Rediff-backed Eterno Infotech in 2012. In late 2013, Ver Se Innovation launched a carrier billing platform…

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I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

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