eNews
HT Media acquires Mosaic Media Ventures
NEW DELHI: HT Media, today, announced is all set to acquire Mosaic Media Ventures, which was incorporated in the year 2007 and operates news platforms including VCCircle, TechCircle. It provides subscription-based research databases.
In a BSE filing, HT Media said, “The board of directors at its meeting held on 28 July 2020 accorded approval to invest up to Rs six crore post working capital adjustment and revenue linked milestones payment up to Rs one crore on a deferred basis, to acquire 100 per cent of paid-up share capital of Mosaic held by NWS Digital Asia PTE Ltd and News Corporation subject to finalisation of definitive agreements.”
According to BSE, the shares of HT Media was last trading at Rs 12.03 as compared to the previous close of Rs 12.52 and the total number of shares traded during the day was 13189 in over 60 trades. The stock has hit an intraday high of Rs 12.5 and intraday low of Rs 11.83. The net turnover during the day was Rs 1,60,971.
The acquisition will scale VCCircle and TechCircle to augment Mint’s tech and editorial capacities. Hindustan Times’ reach will be used to augment VCCircle event business and will help scale the database and research business. The company is said to complete the procedure before 30 August.
Mosaic’s turnover in FY20 was Rs 14.5 core.
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Piyush Thakur steps down as Inshorts’ chief revenue officer
Former vice president and cro says exit marks a new chapter after close to a decade of building revenue and partnerships at Inshorts Group.
NOIDA: Piyush Thakur has stepped away from Inshorts Group after nearly 10 years with the company, marking the end of a long tenure that culminated in his role as chief revenue officer.
In a farewell note, Thakur said he was “turning a new page” after almost a decade at Inshorts, calling it one of the hardest professional decisions he has made. He added that his exit was not driven by uncertainty about the future, but by reflection on a long association with the company.
Thakur joined Inshorts in October 2016 as vice president and spent around seven years in the role before being elevated to chief revenue officer in April 2024, a position he held until April 2026.
He said his tenure was defined by “thousands of mornings, late nights, product debates and breakthrough moments”, as the company evolved into a large-scale digital news platform used by millions.
In his note, Thakur emphasised that Inshorts’ growth was a collective effort across teams, adding that engineers, designers, sales teams and customer support staff all contributed to building the platform. He said the company’s success was not the result of individuals but of “everyone who stayed, passed through, and left their mark”.
Before Inshorts, Thakur worked across several digital media and business development roles. At ESPN, he served as senior regional manager from October 2015 to October 2016, focusing on growth initiatives, strategic opportunities and video distribution.
At Times Internet, he worked for nearly three years, including as head of business development from April 2015 to September 2015 and chief manager from January 2013 to March 2015. His responsibilities included monetisation of mobile platforms, managing media and developer partnerships, and driving revenue across digital properties such as The Times of India and The Economic Times.
Earlier, he worked at Brandmovers as head of business development from June 2012 to June 2013, handling digital, mobile and social media marketing solutions, client development and strategic consulting. During this period, he also worked on advertising revenue, brand strategy and CRM-based solutions.
At Inshorts, Thakur’s role focused on revenue strategy, mobile and media partnerships, and growth initiatives across platforms. His profile highlights experience in mobile product management, digital business models, partner ecosystems and revenue expansion in high-growth environments.
