NewsPlus
Company

Last deal

Amount

Seed

Stage

20.07.2018

Date

3

all rounds

date founded

Financing round

General

About Company
NewsPlus is an online news aggregator that provides personalized news and videos in multiple languages.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Veooz

founded date

01.08.2015

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

The company uses machine learning algorithms to select the most relevant stories from billions of views and opinions expressed by social media users across the world. NewsPlus offers breaking news, local stories, trending videos, and personalized feeds based on users' interests, while avoiding fake news and unsafe content. Users can curate stories and videos into magazines for their followers to see, follow friends, share stories directly, and chat with them. The app is designed for developing countries and delivers good experience on slow/poor mobile networks with great offline support.
Contacts
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Funding Rounds
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3

Number of Funding Rounds

Their latest funding was raised on 20.07.2018. Their latest investor Orbit Startups. Their latest round Seed

Date 
Funding Round 
Investors 
Money Raised 
Lead 
20.07.2018
1
19.10.2016
1
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Co-Investors
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2

Number of lead investors

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Number of investors

Investor 
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Partners 
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Convertible Note
Yes
Convertible Note
Yes
Convertible Note
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People

Founders
2
Vasudeva Varma
Vasudeva Varma

Vasudeva Varma

Dean R&D at IIIT Hyderabad, also heads Search and Information Extraction Lab. Research interests include search, information extraction, information access, cloud computing and software engineering.

current job

NewsPlus
NewsPlus

organization founded

1

Vasudeva Varma

Srini Koppolu
Srini Koppolu

Srini Koppolu

Srini Koppolu is the chairman of Setu Software and an angel investor based in Hyderabad, India. Prior to this, he was the Managing Director of Microsoft's India Development Center in Hyderabad and a Corporate Vice President at Microsoft. He joined Microsoft in 1989 as a software engineer and worked on various first generation products. In 1998, he moved to Hyderabad, India to start what eventually became Microsoft's largest development center outside. He left Microsoft on September 24, 2010 after working there for 21 years.

current job

Hyderabad Angels
Hyderabad Angels

count Of Investments

8

Srini Koppolu

Employee Profiles
3
Vasudeva Varma

Vasudeva Varma

Founder & CSO

Srini Koppolu

Srini Koppolu

Founder & CEO

Chitti Pantulu

Chitti Pantulu

Editor In Chief

Activity

Recent News
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