Way2news
Provides real-time latest news updates in short and summarized format, and in a personalized format for you in 8 Indian languages.
| USD | 2022 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Way2News is a hyperlocal news platform that delivers personalized news stories in native languages, catering primarily to the Indian market. The company leverages user-generated content to provide relevant and contextual news to communities in specific geographies. Way2News operates on a mobile-first approach, ensuring that users can access news anytime and anywhere through their smartphones. The platform serves a diverse range of news categories, including cinema, business, and sports, making it a comprehensive news source for its users. The business model is primarily ad-based, generating revenue through advertising partnerships and sponsored content. Way2News has successfully raised $16.75 million in funding from WestBridge Capital, which has helped in scaling its operations and enhancing its technological infrastructure. The platform also encourages citizen journalism, allowing users to share and submit content, thereby enriching the news ecosystem with diverse perspectives. With over 500 million views per month, Way2News has established itself as a significant player in the digital news space in India.
Keywords: hyperlocal, personalized news, native languages, user-generated content, mobile-first, Indian market, advertising, citizen journalism, diverse categories, digital news.