India’s local language mobile platform
NewsHunt has acquired Rocket Science Innovations Private Limited, the parent company
of the ecommerce recommendation platform BuyT ContentLink. BuyT will run as a standalone
unit. It will continue its existing line of business enabling commerce for
NewsHunt users.
Founded in 2012, ContentLink
enables the information flow from a merchant/service provider to the consumer. The
platform has integrated content with commerce by making product recommendation
available at the point of consumer research on leading publisher platform. The platform
parses real-time all major commerce sites in India for product updates and on
the other end, analyzes context and user behavior on content pages and offers a
rich ecommerce experience.
The New-Delhi based startup will be
focusing on building the next generation platform for NewsHunt which plans to
integrate shopping and commerce options for local language users on the
NewsHunt platform. BuyT main focus is on mcommerce and they have also launched
their app SDK.
NewsHunt claims to have over 20
Million monthly active users and over 2.5 Billion page views monthly. The company
has created a vibrant marketplace for publishers with over 15 Million local
language eBooks downloaded in the past 6 months. Almost two years, the company
had launched iPayy, a micro transaction platform based on carrier billing. The platform
has access to 700M subscribers across 5 major telcos in India and currently
used by 700 digital goods merchants.
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