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Corporation
MOBILE & TELECOMMUNICATIONS
timesinternet.in

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Investments

42

Portfolio Exits

14

Partners & Customers

10

About Times Internet

Times Internet, an Indian Internet Network, is the digital venture of Times of India Group, a media and entertainment group. Times Internet operates a portfolio of web and mobile properties that engage millions of users globally.

Times Internet Headquarter Location

Ecstasy IT Park Plot 391, Phase III Udyog Vihar, Sector 20, Gurugram

Haryana, 122016,

India

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Times Internet Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Times Internet Rank

Research containing Times Internet

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CB Insights Intelligence Analysts have mentioned Times Internet in 2 CB Insights research briefs, most recently on Nov 4, 2019.

Latest Times Internet News

Exclusive: MX PLayer likely to turn unicorn with over $100 Mn in fresh funding

Mar 3, 2021

MX Player, which owns and operates short video entertainment app MX TakaTak, is in talks with existing and new investors to raise up to $150 million in a new round, according to three people aware of the details of the transaction. This would be the second external fundraise for the firm that was acquired by Times Internet in early-2018. “Existing investor Tencent will join the round with a sizeable chunk along with an American late-stage investor,” said one of the sources requesting anonymity. “The fresh round, which is in the range of $100-150 million, will be executed at over $900 million valuation and the company may become a unicorn.” According to sources, New York-based merchant bank Raine Group is advising MX Player on the deal. “Raine is likely to participate in the new round with its own money as well,” said the second person who wished not to be named as the discussions are private. MX Player has been positioning MX TakaTak as an anchor for the new fundraise, the person added. The fresh proceeds will help MX TakaTak maintain its pole position in the short video entertainment space. “MX TakaTak has been spending heavily to drive downloads and retain users. Its monthly burn is in the range of $5-7 million,” said the person quoted at the beginning of the story. Entrackr’s queries sent to MX Player, Tencent and Raine Group didn’t elicit any immediate response. We will update the story in case they do. Soon after the ban on TikTok and other China-linked short video apps, MX Player along with ShareChat and Dailyhunt had launched their respective clone apps in mid-2020. Since then, these three apps have emerged as the top three contenders. MX TakaTak was the most downloaded app in India in the last two months as per Sensor Tower data with 35 million downloads in January and 36.5 million in February. With the ban on TikTok in India unlikely to be lifted in the near future, large investors have started choosing their bets in the Indian short video entertainment space. Google had already led a $150 million round in InMobi’s Glance which owns Roposo and backed Dailyhunt in a $100 million round . Dailyhunt had launched a short video app, Josh, soon after a ban on TikTok. Meanwhile, Google is also in talks with ShareChat to lead a large round. Twitter, which is an existing investor in ShareChat, had also explored talks to acquire the Bengaluru-based firm and launch Moj as TikTok’s global alternative. As for MX Player, if the deal goes through, it is likely to be the fourth unicorn from the short video entertainment space. While Dailyhunt and InMobi’s Glance were valued at over $1 billion in their last financing rounds, ShareChat and MX Player will also make it to the coveted club of unicorns soon. Disclaimer:Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investors here.

Times Internet Investments

42 Investments

Times Internet has made 42 investments. Their latest investment was in Mobile Premier League as part of their Series D on February 2, 2021.

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Times Internet Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/3/2021

Series D

Mobile Premier League

$95M

No

16

11/17/2020

Seed VC

Clinikk

Yes

3

8/31/2020

Seed VC - II

TrulyMadly

$1.1M

Yes

5

3/9/2020

Unattributed - II

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$99M

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10

11/4/2019

Series A

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$99M

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10

Date

2/3/2021

11/17/2020

8/31/2020

3/9/2020

11/4/2019

Round

Series D

Seed VC

Seed VC - II

Unattributed - II

Series A

Company

Mobile Premier League

Clinikk

TrulyMadly

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Amount

$95M

$1.1M

$99M

$99M

New?

No

Yes

Yes

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Co-Investors

Sources

16

3

5

10

10

Times Internet Portfolio Exits

14 Portfolio Exits

Times Internet has 14 portfolio exits. Their latest portfolio exit was Shuttl on October 26, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

10/26/2021

Acquired

14

7/12/2021

Acquired

$991

1

5/27/2021

Acquired

1

00/00/0000

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$991

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10

00/00/0000

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10

Date

10/26/2021

7/12/2021

5/27/2021

00/00/0000

00/00/0000

Exit

Acquired

Acquired

Acquired

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Companies

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Valuation

$991

$991

Acquirer

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Sources

14

1

1

10

10

Times Internet Acquisitions

12 Acquisitions

Times Internet acquired 12 companies. Their latest acquisition was Gaana on September 02, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

9/2/2020

Corporate Minority - III

$991

$195M

Corporate Majority

5

1/24/2018

Corporate Majority

$991

$110.8M

Corporate Majority

5

12/18/2017

Acquired

1

3/3/2016

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$991

$99M

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10

1/7/2016

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$99M

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10

Date

9/2/2020

1/24/2018

12/18/2017

3/3/2016

1/7/2016

Investment Stage

Corporate Minority - III

Corporate Majority

Companies

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Valuation

$991

$991

$991

Total Funding

$195M

$110.8M

$99M

$99M

Note

Corporate Majority

Corporate Majority

Acquired

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Sources

5

5

1

10

10

Times Internet Partners & Customers

10 Partners and customers

Times Internet has 10 strategic partners and customers. Times Internet recently partnered with Google on September 9, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

9/23/2020

Partner

Google

United States

M360 partners with Google to enable effective monetization for digital publishers - Times Internet: Everything

Times Internet and Google have a long standing partnership on Google Ad Manager .

1

5/30/2017

Vendor

Digital Element

United States

1

5/10/2016

Vendor

Chartbeat

United States

Chartbeat Partners With Times Internet to Command Newsroom Analytics

NEW YORK , NY> -- -LRB- Marketwired - May 10 , 2016 -RRB- - Chartbeat , the leading data toolset for influential newsrooms , today announced its partnership with Times Internet , India 's largest digital network and part of The Times of India Group .

1

2/26/2016

Partner

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10

8/25/2015

Partner

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10

Date

9/23/2020

5/30/2017

5/10/2016

2/26/2016

8/25/2015

Type

Partner

Vendor

Vendor

Partner

Partner

Business Partner

Google

Digital Element

Chartbeat

Country

United States

United States

United States

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News Snippet

M360 partners with Google to enable effective monetization for digital publishers - Times Internet: Everything

Times Internet and Google have a long standing partnership on Google Ad Manager .

Chartbeat Partners With Times Internet to Command Newsroom Analytics

NEW YORK , NY> -- -LRB- Marketwired - May 10 , 2016 -RRB- - Chartbeat , the leading data toolset for influential newsrooms , today announced its partnership with Times Internet , India 's largest digital network and part of The Times of India Group .

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Sources

1

1

1

10

10

Times Internet Team

10 Team Members

Times Internet has 10 team members, including current Chief Operating Officer, Puneet Gupt.

Name

Work History

Title

Status

Puneet Gupt

Chief Operating Officer

Current

Saurav Singh

Chief Operating Officer

Current

Ankur Bhatia

Founder

Former

Alok Bhatnagar

Founder

Former

Rajesh Sawhney

Founder

Former

Name

Puneet Gupt

Saurav Singh

Ankur Bhatia

Alok Bhatnagar

Rajesh Sawhney

Work History

Title

Chief Operating Officer

Chief Operating Officer

Founder

Founder

Founder

Status

Current

Current

Former

Former

Former

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