News Corp dumps its VCCircle problem on HT Media

Yesterday, HT Media Ltd, one of the largest media companies in India, which publishes the newspapers Hindustan, Hindustan Times and business daily Mint, announced that it has acquired Mosaic Media Ventures Pvt. Ltd. Mosaic is the parent of VCCircle, one of India’s better known digital publications focused on breaking news about the venture capital ecosystem. HT Media did not say how much it paid for the acquisition.

The Board of Directors at its meeting held on 28th July, 2020 accorded approval to invest upto Rs. 6 Crore post working capital adjustment, and revenue linked milestones payment upto Rs.1 Crore on …

Author

Ashish K. Mishra

Ashish is the editor-in-chief of The Morning Context. One of the best-known business feature writers in India, he was selected for Germany’s Robert Bosch Stiftung Fellowship in 2012 and received the Mumbai Press Club RedInk certificate of recognition in 2015 for his story “Inside the Network 18 takeover”. Before joining The Morning Context, Ashish co-founded The Ken, where he was managing editor. His previous writing stints include Mint, Forbes India and The Economic Times.

Editor-in-chief

ashish@mailtmc.com

London