When was NewsBytes founded?

NewsBytes was founded in 2015 and raised its 1st funding round within a year of its incorporation.

Where is NewsBytes located?

NewsBytes is headquartered in Singapore, Singapore. It is registered at 118 Ramte Ram Road, Ghaziabad, Uttar Pradesh, India, 201001.

Which legal entities is NewsBytes associated with?

NewsBytes is associated with ELYSIUM LABS PRIVATE LIMITED and 1 other.

How many employees does NewsBytes have?

As of Aug 31, 2026, the latest employee count at NewsBytes is 59.

Is NewsBytes a funded company?

NewsBytes is a funded company, having raised a total of $2.9M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 27, 2015.

How much is NewsBytes worth?

The latest valuation of NewsBytes is ₹***** as of May 05, 2020.

When was the latest funding round of NewsBytes?

NewsBytes' latest funding was a $***** Series A round on Apr 15, 2020, with participation from 3 investors.

What is the annual revenue of NewsBytes?

Annual revenue of NewsBytes is less than ₹10 Cr as on Mar 31, 2025

Where does NewsBytes rank among its competitors?

NewsBytes ranks 41st amongst 18858 active competitors, of which 86 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was The Quint, which secured $5.83M in Mar, 2023.

Who are the top competitors of NewsBytes?

NewsBytes' top competitors include Axios, Mic and Rediff.com. Among them, The Quint secured the most recent funding round in March, 2023.

NewsBytes - 2026 Company Profile, Team, Funding, Competitors & Financials

NewsBytes is a series A company based in Singapore (Singapore), founded in 2015 by Shikha Chaudhry, Sumedh Chaudhry and Romesh Khaddar. It operates as a Provider of news across various categories, including India, business, and technology. NewsBytes has raised $2.9M in funding from investors like Powerhouse Ventures, GSF and Müller Medien, with a current valuation of ₹*****. The company has 18858 active competitors, including 86 funded and 266 that have exited. Its top competitors include companies like Axios, Mic and Rediff.com.

Company Details

Provider of news across various categories, including India, business, and technology. It delivers current events coverage spanning politics, sports, entertainment, automobiles, and lifestyle. The platform offers news in multiple languages and provides access to archives and resources.

Website: www.newsbytesapp.com/
Social
Email ID: *****@newsbytesapp.com
Phone Number: +65 **********
Registered Address: 118 Ramte Ram Road, Ghaziabad, Uttar Pradesh, India, 201001

Key Metrics

Founded Year

2015

Location

Singapore, Singapore

Stage

Series A

Total Funding

$2.9M in 6 rounds

Latest Funding Round

Series A, Apr 15, 2020, $*****

Post Money Valuation

₹***** as on May 05, 2020

Investors

Powerhouse Ventures & 42 more

Ranked

41^st among 18858 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

59 as on Aug 31, 2026

Similar Companies

The Quint & 13243 more

View NewsBytes' full profile

NewsBytes is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
CANDELA LABS PRIVATE LIMITED UEN: 202128655E , Singapore, Active	Aug 17, 2021	-	-
ELYSIUM LABS PRIVATE LIMITED CIN: U74120UP2013PTC055302 , India, Active	Feb 27, 2013	0 - ₹10 Cr (As on Mar 31, 2025)	48 (As on May 31, 2025)

NewsBytes has raised a total funding of $2.9M over 6 rounds. Its first funding round was on Aug 27, 2015. Its latest funding round was a Series A round on Apr 15, 2020 for $*****. 3 investors participated in its latest round. NewsBytes has 13 institutional investors and 30 angel investors.

Here is the list of recent funding rounds of NewsBytes:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 15, 2020	3897258	Series A	6766018	6486298	9813627	5525641
Jul 31, 2019	8050115	Seed	7722818	9253752	1516929	Rinni Kaivanbhai Shah & 6 more
Oct 09, 2017	1149494	Seed	6030049	9746797	Müller Medien & 1 more	Aravind Jasty & 6 more

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View details of NewsBytes's funding rounds and investors

The founders of NewsBytes are Shikha Chaudhry, Sumedh Chaudhry and Romesh Khaddar.

Here are the details of NewsBytes' key team members:

Shikha Chaudhry: Co-Founder of NewsBytes and founder of 2 other companies, NewsBytes and CourseGarage. They serve on the boards of 2 companies.
Contact Info: 1 email address
Sumedh Chaudhry: Co-Founder of NewsBytes and founder of 2 other companies, NewsBytes and MyNewsStudio. They serve on the board of 1 company.
Romesh Khaddar: Co - Founder & CTO of NewsBytes and founder of 2 other companies, NewsBytes and MyNewsStudio.
Contact Info: 1 email address

NewsBytes' Board of Directors

NewsBytes's board has 2 active members. Shikha Chaudhry and Sumedh Chaudhry are part of team.

Here is the list of NewsBytes' board of directors:

Name	Type	Representing	Status	Duration
Shikha Chaudhry	Team	-	Current	13y 6m
Sumedh Chaudhry	Team	-	Current	13y 6m

View details of NewsBytes's Founder profiles and Board Members

NewsBytes' employee count trend

NewsBytes has 59 employees as of Aug 26. Here is NewsBytes's employee count trend over the years:

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Top competitors of NewsBytes include Axios, Mic and Rediff.com. Here is the list of Top 10 competitors of NewsBytes, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Axios 2016, Arlington (United States), Acquired	App-based platform offering multi-category news	$30M	Lerer Hippeau, Greycroft & 13 others	77/100
2nd	Mic 2011, New York City (United States), Acquired	A news and media company targeting millennials	$61.3M	Lightspeed Venture Partners, Time Warner Investments ... & 12 others	71/100
3rd	Rediff.com 1996, Mumbai (India), Acquired	Provider of news, email services, stock quotes, and online expert advice	-	Quintrol Technologies, Queenswood Investments ... & 24 others	70/100
4th	Yandex 2000, Moscow (Russia), Public	Blog focusing on music, market, video, and other related topics	-	Middleland Capital, Uber & 10 others	67/100
5th	Sina 1998, China, Late Stage	Provider of product testing and review services	-	Sequoia Capital China, FountainVest Partners ... & 7 others	67/100
6th	The Quint 2014, Noida (India), Series A	App-based platform offering multi-category news	$5.83M	AMG Media Network	64/100
7th	Axel Springer 1946, Berlin (Germany), Public	Provider of news media and technology-related services and journalistic content	-	Hellman & Friedman, General Atlantic & 4 others	64/100
8th	Penske Media Corporation 2003, Los Angeles (United States), Series C	Provider of media and entertainment publications covering various industries and events	$235M	Public Investment Fund, Quadrangle Group & 4 others	63/100
9th	QQ 1999, Shenzhen (China), Funding Raised	Online platform offering multi-category news	-	Yunfeng Capital, Chuxin Capital & 6 others	63/100
10th	News 2012, Sydney (Australia), Unfunded	App based platform offering multi category news	-	-	62/100
41st	NewsBytes 2015, Singapore (Singapore), Series A	Provider of news across various categories, including India, business, and technology	$2.9M	UBR Capital, Arvog & 41 others	53/100

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Founders (largest shareholder) own 53.63%, Funds own 17.41%, Enterprises own 0.21% and Angels own 19.90%. The net worth of NewsBytes's founders is INR 30Cr as of May 05, 2020.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	53.63%	30Cr	5082474	3349977	9908918	6657286
Sumedh Chaudhry	4860037	5310418	2120935	2656049	2972643	8907696
Shikha Chaudhry	6548730	5729383	3722147	1518347	8940543	5910119
Romesh Khaddar	8394055	2817972	3169442	6419981	3828105	3055088
Fund	17.41%	9.74Cr	8883867	8626837	6811383	3062903
Powerhouse Ventures	9547865	3815265	5157386	7927358	5537301	8106412
North Base Media	581719	721262	882308	366457	114587	408813
Müller Medien	0	0	0	0	0	0
Enterprise	0.21%	11.6L	0	0	0	0
Angel	19.90%	11.2Cr	2809999	7416536	2222844	8243715
Saibaba Vutukuri	750	716	927	442	865	883
Arshdeep Sehgal	2	4	6	4	8	6
Mridul Upreti	0	0	0	0	0	0
Rinni Kaivanbhai Shah	0	0	0	0	0	0
Other People	8.80%	4.92Cr	4089575	8436186	9497750	2705039
Total	99.95%	56Cr	8665113	1628747	2703107	2924954