Tuesday, July 23, 2024
Funding News

Innovations Venture Studio Fuels Growth for NewsReach round led by Zee Media

Key Points

  1. Investment Announcement: Innovations Venture Studio, a leading investment firm specializing in early-stage technology ventures, has announced a significant investment in NewsReach.
  2. Strategic Partnership: The investment is part of an ongoing round led by Zee Media, signifying a strategic collaboration between Innovations Venture Studio and NewsReach to drive growth and innovation in the PR technology space.
  3. Capital Infusion: The investment will provide NewsReach with the necessary capital to scale its proprietary technology, expand its market footprint, and strengthen its position as a leading solution for maximizing brand visibility and digital presence in India.

Innovations Venture Studio, a pioneering investment firm dedicated to early-stage technology ventures, has made a significant move by investing in NewsReach. This investment, as part of an ongoing round led by Zee Media, is poised to propel NewsReach to new heights in the country’s dynamic media landscape.

The infusion of capital will serve as a catalyst for NewsReach, enabling the company to accelerate the development of its cutting-edge technology, expand its market reach, and cement its position as the foremost solution for enhancing brand visibility and digital presence across India.

Manish Khurana, the Founder of Innovations Venture Studio, expressed enthusiasm about the partnership with NewsReach, emphasizing their shared vision to revolutionize how businesses and organizations amplify their stories. He praised NewsReach’s innovative platform for disrupting the traditional PR paradigm and delivering unparalleled reach, engagement, and return on investment (ROI) for a diverse range of clients, from startups to multinational corporations.

Ankit Agarwal, co-founder of Innovations Venture Studio, echoed this sentiment, underlining their commitment to providing innovative solutions to businesses of all sizes. He emphasized the studio’s dedication to supporting ventures spanning the entire spectrum of enterprises.

NewsReach, with its extensive clientele spanning various industries such as startups, corporates, entertainment, and FMCG brands, has garnered recognition for its transformative approach to PR. Boasting over 1000 satisfied clients, NewsReach aims to facilitate meaningful connections between advertisers and their target audiences, leveraging its advanced technology platform.

The co-founders of NewsReach were recently honored in Forbes 30 Under 30 Asia 2022, underscoring their dedication to reshaping the PR landscape in India. They emphasized their mission to democratize access to premium PR amplification capabilities, which were previously reserved for elite brands and PR firms.

Darshan Shah, CEO & Co-Founder at NewsReach India, highlighted the importance of a robust online presence in today’s digital era. He stressed the challenges businesses face in cutting through the online clutter to effectively reach their target audiences. NewsReach, he explained, is committed to democratizing access to world-class PR amplification capabilities, empowering businesses of all sizes and industries to enhance their brand salience, credibility, and sales momentum.

With the infusion of growth capital from Innovations Venture Studio, NewsReach is poised to embark on an ambitious expansion journey. The company plans to bolster its technology infrastructure, expand its team, and extend its media network across regional, national, and international publications. This strategic move reflects NewsReach’s commitment to meeting the evolving communication needs of Indian businesses and organizations.

Innovations Venture Studio, established in 2022, is driven by a mission to foster technological progress and positive change. With a focus on empowering startups through strategic expertise and industry knowledge, the studio aims to lead the M&A investment space while paving the way for a tech-led future.

As NewsReach gears up for rapid expansion and innovation, the collaboration with Innovations Venture Studio promises to be a catalyst for transformative growth, reshaping the landscape of PR technology in India and beyond.

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