HT Media picks up 100% stake in VCCircle & TechCircle firm - Mosaic Media Ventures

The acquisition will augment Mint’s tech and editorial capabilities

e4m by exchange4media Staff
Updated: Jul 29, 2020 1:29 PM
HT Media

HT Media Ltd has acquired a 100% stake in Mosaic Media Ventures Private Limited.

Mosaic handles the business of VCCircle and TechCircle.

The acquisition will augment Mint’s tech and content editorial capabilities. HT’s reach will be used to augment VC Circle’s events business.

The Board of Directors at its meeting held on 28th July, 2020, accorded approval to invest upto Rs. 6 Crore post working capital adjustment.

Mosaic was incorporated in the year 2007 and is engaged in the business of:

- operating news platform (viz. VCCircle and TechCircle),

- providing subscription-based research databases (viz. VCCEdge and SalesEdge)

- events business.

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