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.
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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