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News Reach: Ahmedabad based digital media tech startup Newsreach has achieved a major milestone in its journey. He was selected among the top 15 winners in the Startup Stairs initiative ‘Growth Acceleration Program with 4i’. Under this venture, a seed funding of 1 crore was provided to Newsreach. Newsreach is engaged in the field of content creation, licensing and distribution. It has also established India’s first local news community, enabling hyper-local publications in various Indian languages.
Learn about Startup Stairs
Startup Stairs is an accelerator enabling promising Startups, MSMEs and aspiring entrepreneurs to accelerate their growth by providing them mentoring services. The start-up has recently been declared the winner of ‘Growth Acceleration Program with 4i’ under the aegis of National Skill Development Corporation (NSDC) supported by Startup India. An eminent jury selected 15 leading companies, each awarded seed funding ranging from Rs.25 lakh to Rs.5 crore.
India’s startup sector is becoming more and more attractive to domestic and international investors, fueled by government initiatives. Growth accelerators and incubators have proved invaluable as catalysts for growth, helping startups scale rapidly through expert mentorship and a wide network. As per reports by Nasscom and Zinnov, these startups have achieved a huge growth from 7,000 in 2014 to 50,000 in 2020 during a span of 6 years. From technology, media and e-commerce to healthcare and finance; Entrepreneurs are leading the way in shaping India’s future thanks to increased access to venture capital, among other incentives. Programs like Startup Stairs are valuable resources that empower entrepreneurs to gain knowledge with years of experience in a performance-driven environment.
Preet Sandhu, director, Startup Stairs, has conceptualized a startup ecosystem that takes into account aspects ranging from Aadhaar-linked digital certification to countering potential risks and building brand credibility. This innovative approach will help startups to scale a great height in the global market with utmost credibility.
Newsreach was honored at the hands of MP Shri Tejashwi Surya
Newsreach was honored at the hands of Member of Parliament Shri Tejashwi Surya. This innovative startup is revolutionizing the field of content marketing with its advanced 360 degree tech platform.
What the co-founder of Newsreach said
Darshan Shah, Co-Founder & CEO, Newsreach said, “Currently, the advertising industry is heavily dependent on search and display services provided by industry giants like Google and Facebook which provide limited engagement and ROI. For brands that don’t have a dedicated solution to reach over 500 million users from Tier 2 cities, with our tech platform brands get the opportunity to receive advertorial and sponsored content in the form of ads that reach local readers and audiences Huh. Our funding from Startup Stairs has made Newsreach fully subscribed in the current round of funding.
This is a featured article. ABP Networks Pvt Ltd and/or ABP Live in no way endorses the content of this article and/or the views expressed herein. Readers are advised to read with discretion.
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