# News Laundry Media Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/news-laundry-media-pvt

- Industry: Media
- Headquarters: New Delhi, India
- Website: www.newslaundry.com
- Total disclosed funding: $0.6M
- Latest round: Series A (Feb 12, 2016)
- Investors on record: 1

## About

News Laundry is a digital media platform that specializes in journalism, providing investigative reporting, news analysis, podcasts, and video content to enhance news coverage in India.Founded by Abhinandan Sekhri, Prashant Sareen, and Roopak Kapoor, News Laundry Media Pvt Ltd operates from New Delhi, India. The company focuses on delivering independent journalism and has raised INR 29.74 mn in funding as of July 30, 2018, leading to a current valuation of INR 407.38 mn. It has engaged in four deals, with no notable pivots or subsidiary relationships mentioned.Newslaundry operates primarily as a digital media platform focusing on journalism and news reporting. Its offerings include investigative journalism, detailed news analysis, podcasts, and video content tailored for a diverse audience, also targeting the Indian diaspora and global populations interested in Indian news.In 2023, Newslaundry generated revenue amounting to INR 630,896.20. The company reported an EBITDA of INR 26,659.20 for the same year, relying on a subscription-based model that allows users to access exclusive content and services, thereby maintaining editorial independence.Following the recent funding round in July 2018, which raised INR 29.74 mn from individual investors, News Laundry plans to enhance its product offerings and explore potential expansion into newer geographic regions. The company aims to release new products designed to cater to a broader audience, although specific release dates or markets for expansion have not been disclosed.

## Funding rounds

- Series A, Feb 12, 2016, $0.6M — Omidyar Network

## Investors

- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Series A