News Corp buys VCCircle

News Corporation is an American multinational mass media corporation headquartered in New York City. It was the second largest media group in 2011 in terms of revenue, and the world’s third largest in entertainment in 2009. VCCircle is an Indian Information services group with presence in online business news, data, events, and training for private equity and venture capital fund managers.

newsvccircle

VCCircle currently employs about 100 people and is owned by the New Delhi headquartered Mosaic Ventures Private limited with offices in Noida, Mumbai, and Bangalore. The company is recently acquired by News Corp. This was the third investment of News Corp in India. It had previously invested in financial advisory start-up firm BigDecisions.com and realty portal PropTiger.com. News Corp had acquired all networks of VCCircle which includes VCCircle.com, Techcircle.in, VCCEdge, and VCCircle Training.

The VCCircle acquisition builds on News Corp recent digital investments in India. In November, News Corp acquired a 25 percent stake in PropTiger.com, India’s leading online residential real estate platform. In December, News Corp acquired Big Decisions.com, which aims to help Indian consumers make smarter financial decisions through interactive, decision making tools powered by sophisticated algorithms and data.

News Corp also has a presence in India through its Dow Jones, Wall Street Journal, and Harper Collins Publisher Business. News Corp is a global, diversified media, and information Services Company focused on creating and distributing authoritative and engaging content to consumers throughout the world. The company comprises business across a range of Media.

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