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Quintillion media

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uuid0034u5d

Namestring
Quintillion media
Legal namestring
Quint Digital Media Limited
Websiteurl
thequint.com
Company typeenum
Public
Founded yearint
2015
Descriptiontext

Quintillion Media, operating as The Quint, is a publicly listed (BSE: 539515) mobile-first digital news and views publisher headquartered in Noida, India, founded in 2015 and pivoted under the listed entity Quint Digital Limited (formerly Quint Digital Media Limited). The platform serves two primary customer segments — quality-journalism-seeking news consumers and brand advertisers — through a curated mix of enterprise reporting, investigations, fact-checking, podcasts, video, and interactive data journalism.

The product portfolio is anchored by the thequint.com website and dedicated iOS/Android apps and extends across differentiated sub-brands: WebQoof (IFCN-certified fact-checking since 2020, MCA member), My Report (citizen journalism vertical), The Quint Lab (multimedia immersives and data visualisations), Scamguard (AI-powered scam-prevention chatbot built with FactShala Innovation Lab), VIGIL by The Quint, and award-winning podcasts such as Urdunama. The platform's underlying technology stack combines mobile-first responsive delivery, AI-assisted editorial workflows for research, verification and drafting, an NLP-driven fact-checking pipeline, and conversational AI for consumer scam support.

Commercially, The Quint operates a recurring membership/subscription model (monthly, 6-month, annual tiers with ad-free reading, paywalled content, and exclusive events), monetises display and native digital advertising, and runs a Brand Studio offering branded content, microsites, influencer campaigns, and video solutions. Promoters Raghav Bahl and Ritu Kapur retain control, Adani Group has consolidated ownership of Quintillion Business Media within its Indian media portfolio, and Quint Digital holds approximately 10% of US-based Lee Enterprises — a stake that generated a reported Rs 39.10 crore consolidated net profit on Rs 31.32 crore of Q3 FY2026 sales (268% YoY growth).

Short descriptiontext

Quintillion Media operates The Quint, a mobile-first digital news platform serving quality-journalism-seeking Indian readers and brand advertisers via membership subscriptions, digital advertising, and branded content studio services.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersNoida, India
HQ citystring
Noida
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
digital news platform, online journalism, fact-checking services, citizen journalism platform, news subscription service
Industry2 codes
1Investigative & Nonprofit News Organizations
CodeMPAJADAFPrimaryNo
2News & Content Aggregation Portals
CodeBPAMAAAIPrimaryNo
NAICS code3 codes
  • Newspaper Publishers513110
  • Periodical Publishers513120
  • Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers516210
SIC code1 code
  • Periodicals: Publishing Or Publishing & Printing2721
Product category
Digital News & Journalism
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Membership/Subscription Revenue
TypeSubscription Recurring
Description

The Quint operates a membership-based revenue model with monthly, 6-monthly, and annual subscription plans. Members receive access to paywalled content, ad-free experience, early previews of special projects, and exclusive newsletters. Premium members get additional benefits including credit mentions in special projects, exclusive merchandise, and access to private members' groups.

2Digital Advertising
TypeAdvertising
Description

The platform generates advertising revenue through display ads, sponsored content, and native advertising on its website and digital properties. The site prominently features advertisement placements including options to remove ads through membership.

3Brand Studio/Branded Content
TypeAdvertising
Description

Branded content projects through Brand Studio, creating interactive content, videos, social media engagement, quizzes, influencer-led ideas, and microsites for partners. The brand solutions team includes creative directors, copywriters, designers, and video producers.

Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Marketing or Sales, Operations, Others
Pricing details3 tiers
1Monthly membership with full access to all paywalled content and benefits
ModelSubscriptionBilling cadenceMonthly
Notes

Monthly plan with access to all paywalled content on site, priority pass to unlimited stories, op-eds, videos, podcasts, ad-free experience, early previews of special projects, access to citizen journalism opportunities, WhatsApp fact-checking service, and exclusive member events

thequint.com
26-month subscription with discounted rate compared to monthly
ModelSubscriptionBilling cadenceMulti-year contract
Notes

6-month plan offering same benefits as monthly with discounted rate

thequint.com
3Annual membership with best value pricing
ModelSubscriptionBilling cadenceAnnual
Notes

Annual plan with maximum savings, includes all benefits: access to paywalled content, ad-free experience, early previews of special projects, citizen journalism access, WebQoof fact-checking, exclusive member events, members-only newsletters

thequint.com
GTM typeB2C
B2C
Offering typeDigital Commerce or Conte…
Digital Commerce or Content
Brand1 of 4 records shown
1WebQoof
Description

IFCN-certified fact-checking initiative that debunks mis/disinformation in both Hindi and English. Part of India's Misinformation Combat Alliance (MCA).

+3 more records
Core offering1 text field

Quintillion Media operates The Quint, a mobile-first digital news and views platform delivering enterprise journalism, ground reporting, investigative documentaries, and IFCN-certified fact-checking through sub-brands such as WebQoof, My Report, The Quint Lab, and Scamguard. The platform monetizes through paid membership subscriptions (monthly, 6-month, annual plans with ad-free and paywalled benefits) and a Brand Studio that produces sponsored content, interactive media, and microsites for partner brands.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Quintillion Media operates The Quint, India's major pure-play digital news and views platform launched in March 2015. The portfolio consists of the core The Quint news platform complemented by specialized verticals including WebQoof (IFCN-certified fact-checking), My Report (citizen journalism), The Quint Lab (multimedia immersives and data journalism), Scamguard (AI-powered scam protection chatbot), and VIGIL by The Quint. Content verticals span Special Projects (investigative documentaries), opinion columns like Raghav's Take, podcasts including the award-winning Urdunama, and topic-focused coverage areas on Climate Change and Uncovering Hate. Revenue is driven through a membership-based model (Quint Membership offering ad-free experience and exclusive content) and Brand Studio (sponsored content solutions). The platform is mobile-first, highly interactive, and pivoted away from commodity news toward enterprise journalism, ground reporting, and fact-checking.

Product and service6 records
1The Quint
CategoryDigital News Platform
2WebQoof
CategoryFact-Checking Service
3My Report
CategoryCitizen Journalism Platform
4Special Projects
CategoryInvestigative Journalism
5The Quint Lab
CategoryData Journalism / Multimedia
6Scamguard
CategoryConsumer Protection / AI Tool
Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

The Quint is a founding member of DIGIPUB News India Foundation, established to help ensure a healthy and robust digital news ecosystem. The platform represents digital news media organisations with membership open to digital-only ventures, media commentators, and independent journalists active in the digital news space.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

WebQoof is certified by IFCN and a signatory of Poynter Institute's IFCN 'Code of Principles'. IFCN principles are followed by fact-checkers across the globe to promote transparent and non-partisan fact-checking.

3Misinformation Combat Alliance (MCA)
Strategic tierCoreTypeStrategic or Co-development Partner
Description

WebQoof is a member of India's Misinformation Combat Alliance (MCA), collaborating with leading organisations in a concerted effort to tackle fake news.

4FactShala Innovation Lab
Strategic tierMinorTypeStrategic or Co-development Partner
Description

FactShala Innovation Lab is a media literacy incubation programme that supports Scamguard interactive guides, helping people navigate through the growing menace of online scams.

thequint.com
Strategic tierMinorTypeGTM or Marketing Partner
Description

Partnership for 'Sandesh to Soldiers' campaign - a microsite project that won the Gold: Best Microsite award at afaqs! Digies Digital Awards.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Bloomberg Quint (BQ Blue) received the Gold: Best Paid Content Strategy award at afaqs! Digipub Awards, indicating a strategic content partnership.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Digital arm of India's largest newspaper group. Competes with The Quint across mobile news, video, podcasts, and ad inventory at significantly larger scale and distribution.

2The Wire
TypeDirect peer
Description

Independent, ad-free Indian digital news outlet focused on investigative and accountability journalism. Closest direct peer to The Quint's enterprise-journalism positioning and reader-supported model.

TypeEmerging player
Description

Digital-first Indian media company focused on startups, tech, and business news. Comparable mobile-first, ad- and event-driven business model, though with a narrower business/tech vertical focus.

TypeDirect peer
Description

Indian digital news and media-criticism outlet that pioneered a membership/subscription revenue model. Strong overlap with The Quint's reader-funded, anti-mainstream positioning.

TypeDirect peer
Description

India's leading digital news brand and fellow Adani-owned outlet. Direct competitor in English digital news, brand studio, and mobile news apps, with overlapping investigative and live coverage.

TypeRegional player
Description

Was a direct Indian digital news peer to The Quint focused on investigative and feature journalism; relevant historical/format benchmark for the investigative digital newsroom model in India.

TypeEmerging player
Description

India's leading financial and business digital news platform. Comparable mobile-first, video-rich, membership/subscription model in a defined vertical.

TypeDirect peer
Description

Digital-first Indian news startup covering politics, policy, and investigative stories. Directly comparable mobile-first, English-language newsroom with similar target audience.

TypeBroad incumbent
Description

Large legacy media house with a major digital news vertical covering news, opinion, and video. Competes with The Quint in mobile news and branded content at much greater scale.

TypeBroad incumbent
Description

Major Indian newspaper group with a large digital news platform. Competes with The Quint for English-language news audiences and brand/advertising budgets.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability3 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment7 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Quintillion media

Digital News & Journalismthequint.com

Quintillion Media operates The Quint, a mobile-first digital news platform serving quality-journalism-seeking Indian readers and brand advertisers via membership subscriptions, digital advertising, and branded content studio services.

What Quintillion media does

Quintillion Media, operating as The Quint, is a publicly listed (BSE: 539515) mobile-first digital news and views publisher headquartered in Noida, India, founded in 2015 and pivoted under the listed entity Quint Digital Limited (formerly Quint Digital Media Limited). The platform serves two primary customer segments — quality-journalism-seeking news consumers and brand advertisers — through a curated mix of enterprise reporting, investigations, fact-checking, podcasts, video, and interactive data journalism.

The product portfolio is anchored by the thequint.com website and dedicated iOS/Android apps and extends across differentiated sub-brands: WebQoof (IFCN-certified fact-checking since 2020, MCA member), My Report (citizen journalism vertical), The Quint Lab (multimedia immersives and data visualisations), Scamguard (AI-powered scam-prevention chatbot built with FactShala Innovation Lab), VIGIL by The Quint, and award-winning podcasts such as Urdunama. The platform's underlying technology stack combines mobile-first responsive delivery, AI-assisted editorial workflows for research, verification and drafting, an NLP-driven fact-checking pipeline, and conversational AI for consumer scam support.

Commercially, The Quint operates a recurring membership/subscription model (monthly, 6-month, annual tiers with ad-free reading, paywalled content, and exclusive events), monetises display and native digital advertising, and runs a Brand Studio offering branded content, microsites, influencer campaigns, and video solutions. Promoters Raghav Bahl and Ritu Kapur retain control, Adani Group has consolidated ownership of Quintillion Business Media within its Indian media portfolio, and Quint Digital holds approximately 10% of US-based Lee Enterprises — a stake that generated a reported Rs 39.10 crore consolidated net profit on Rs 31.32 crore of Q3 FY2026 sales (268% YoY growth).

Quintillion media firmographics

Firmographics
Name
Quintillion media
Legal name
Quint Digital Media Limited
Website
https://thequint.com
Company type
Public
Founded year
2015
Operating status
Operating
Headcount range
251–500 employees
Short description
Quintillion Media operates The Quint, a mobile-first digital news platform serving quality-journalism-seeking Indian readers and brand advertisers via membership subscriptions, digital advertising, and branded content studio services.
Ownership category
akta.pro rank

Where Quintillion media is headquartered

Location

Headquarters

HQ city
Noida
HQ country
India
HQ region
Asia

Offices1 record

Markets served

Quintillion media business model

Business model
GTM type
B2C
Offering type
Digital Commerce or Content
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations, Others

Revenue model

  1. Membership/Subscription Revenue: The Quint operates a membership-based revenue model with monthly, 6-monthly, and annual subscription plans. Members receive access to paywalled content, ad-free experience, early previews of special projects, and exclusive newsletters. Premium members get additional benefits including credit mentions in special projects, exclusive merchandise, and access to private members' groups.
  2. Digital Advertising: The platform generates advertising revenue through display ads, sponsored content, and native advertising on its website and digital properties. The site prominently features advertisement placements including options to remove ads through membership.
  3. Brand Studio/Branded Content: Branded content projects through Brand Studio, creating interactive content, videos, social media engagement, quizzes, influencer-led ideas, and microsites for partners. The brand solutions team includes creative directors, copywriters, designers, and video producers.

Pricing tiers

ModelBillingPrice
SubscriptionMonthlyMonthly membership with full access to all paywalled content and benefits
SubscriptionMulti-year contract6-month subscription with discounted rate compared to monthly
SubscriptionAnnualAnnual membership with best value pricing

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Quintillion media product offering

Product offering

Core offering

Quintillion Media operates The Quint, a mobile-first digital news and views platform delivering enterprise journalism, ground reporting, investigative documentaries, and IFCN-certified fact-checking through sub-brands such as WebQoof, My Report, The Quint Lab, and Scamguard. The platform monetizes through paid membership subscriptions (monthly, 6-month, annual plans with ad-free and paywalled benefits) and a Brand Studio that produces sponsored content, interactive media, and microsites for partner brands.

Product overview

Quintillion Media operates The Quint, India's major pure-play digital news and views platform launched in March 2015. The portfolio consists of the core The Quint news platform complemented by specialized verticals including WebQoof (IFCN-certified fact-checking), My Report (citizen journalism), The Quint Lab (multimedia immersives and data journalism), Scamguard (AI-powered scam protection chatbot), and VIGIL by The Quint. Content verticals span Special Projects (investigative documentaries), opinion columns like Raghav's Take, podcasts including the award-winning Urdunama, and topic-focused coverage areas on Climate Change and Uncovering Hate. Revenue is driven through a membership-based model (Quint Membership offering ad-free experience and exclusive content) and Brand Studio (sponsored content solutions). The platform is mobile-first, highly interactive, and pivoted away from commodity news toward enterprise journalism, ground reporting, and fact-checking.

Differentiator

Problem solved

Functional benefit

Brands

  • WebQoof: IFCN-certified fact-checking initiative that debunks mis/disinformation in both Hindi and English. Part of India's Misinformation Combat Alliance (MCA).
  • My Report
  • The Quint Lab
  • The Quint Special Projects

Products and services

  • The Quint
  • WebQoof
  • My Report
  • Special Projects
  • The Quint Lab
  • Scamguard

Companies that use Quintillion media

Customer profile

Segments2 records

Ideal customer profiles2 records

Quintillion media technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature6 records

Quintillion media partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered core and minor.

  • DIGIPUB News India FoundationcoreStrategic or Co-development PartnerThe Quint is a founding member of DIGIPUB News India Foundation, established to help ensure a healthy and robust digital news ecosystem. The platform represents digital news media organisations with membership open to digital-only ventures, media commentators, and independent journalists active in the digital news space.
  • International Fact-Checking Network (IFCN)coreStrategic or Co-development PartnerWebQoof is certified by IFCN and a signatory of Poynter Institute's IFCN 'Code of Principles'. IFCN principles are followed by fact-checkers across the globe to promote transparent and non-partisan fact-checking.
  • Misinformation Combat Alliance (MCA)coreStrategic or Co-development PartnerWebQoof is a member of India's Misinformation Combat Alliance (MCA), collaborating with leading organisations in a concerted effort to tackle fake news.
  • FactShala Innovation LabminorStrategic or Co-development PartnerFactShala Innovation Lab is a media literacy incubation programme that supports Scamguard interactive guides, helping people navigate through the growing menace of online scams.
  • JK PaperminorGTM or Marketing PartnerPartnership for 'Sandesh to Soldiers' campaign - a microsite project that won the Gold: Best Microsite award at afaqs! Digies Digital Awards.
  • Bloomberg QuintminorStrategic or Co-development PartnerBloomberg Quint (BQ Blue) received the Gold: Best Paid Content Strategy award at afaqs! Digipub Awards, indicating a strategic content partnership.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Quintillion media competitors and assessment

Company assessment

Broad incumbents

  • Times Internet (Times of India digital): Digital arm of India's largest newspaper group. Competes with The Quint across mobile news, video, podcasts, and ad inventory at significantly larger scale and distribution.
  • India Today Group (digital): Large legacy media house with a major digital news vertical covering news, opinion, and video. Competes with The Quint in mobile news and branded content at much greater scale.
  • HT Media (Hindustan Times digital): Major Indian newspaper group with a large digital news platform. Competes with The Quint for English-language news audiences and brand/advertising budgets.

Direct peers

  • The Wire: Independent, ad-free Indian digital news outlet focused on investigative and accountability journalism. Closest direct peer to The Quint's enterprise-journalism positioning and reader-supported model.
  • Newslaundry: Indian digital news and media-criticism outlet that pioneered a membership/subscription revenue model. Strong overlap with The Quint's reader-funded, anti-mainstream positioning.
  • NDTV (New Delhi Television): India's leading digital news brand and fellow Adani-owned outlet. Direct competitor in English digital news, brand studio, and mobile news apps, with overlapping investigative and live coverage.
  • ThePrint: Digital-first Indian news startup covering politics, policy, and investigative stories. Directly comparable mobile-first, English-language newsroom with similar target audience.

Emerging players

  • Inc42 Media: Digital-first Indian media company focused on startups, tech, and business news. Comparable mobile-first, ad- and event-driven business model, though with a narrower business/tech vertical focus.
  • Moneycontrol: India's leading financial and business digital news platform. Comparable mobile-first, video-rich, membership/subscription model in a defined vertical.

Regional players

  • Scroll (legacy, Scroll.in): Was a direct Indian digital news peer to The Quint focused on investigative and feature journalism; relevant historical/format benchmark for the investigative digital newsroom model in India.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Customer concentration

Quintillion media social profiles

Digital presence

Quintillion media compliance and trust

Trust signal

Compliance1 record

Quintillion media financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Quintillion media leadership team

Management profile

Number of profiles

Profiles3 records

Quintillion media funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Quintillion media M&A and investment

M&A and investment

M&A

Investments7 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Quintillion media

What does Quintillion media do?

Quintillion Media operates The Quint, a mobile-first digital news and views platform delivering enterprise journalism, ground reporting, investigative documentaries, and IFCN-certified fact-checking through sub-brands such as WebQoof, My Report, The Quint Lab, and Scamguard. The platform monetizes through paid membership subscriptions (monthly, 6-month, annual plans with ad-free and paywalled benefits) and a Brand Studio that produces sponsored content, interactive media, and microsites for partner brands.

Is Quintillion media a public or private company?

Quintillion media is a public company. It is classified as public and is currently operating.

When was Quintillion media founded?

Quintillion media was founded in 2015. It employs 251 to 500 people.

Where is Quintillion media based?

Quintillion media is headquartered in Noida, India, in the Asia region.

How does Quintillion media make money?

Three revenue lines are on record. Membership/Subscription Revenue is the primary driver. The others are digital Advertising and brand Studio/Branded Content.

Who are Quintillion media's main competitors?

Broad incumbents on record are Times Internet (Times of India digital), India Today Group (digital) and HT Media (Hindustan Times digital). Direct peers are The Wire, Newslaundry, NDTV (New Delhi Television) and ThePrint. Emerging players are Inc42 Media and Moneycontrol. Scroll (legacy, Scroll.in) is listed as a regional player.

Does Quintillion media have an API?

No public API is recorded for Quintillion media.

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Live signals
The TribuneQuint Digital Limited Q1 FY 2026–27: Building Momentum, Delivering ResultsQuint Digital Limited reported its strongest-ever consolidated Q1 performance for FY 2026-27, with revenue surging to Rs. 35 Crore, representing a 336% year-on-year growth over Q1 FY 2025-26, and adjusted profit before tax of Rs. 4.93 Crore. The company is advancing toward launching India's first Time Out Market in Aerocity, New Delhi (expected before Diwali), marking a milestone in its experiential media and hospitality growth strategy. QDL also increased its stake in Lee Enterprises to 14.59% through additional share acquisitions and recognized a mark-to-market gain of Rs. 10.58 Crore on its investment in the current quarter.The TribuneQuint Digital Limited Q1 FY 2026-27: Building Momentum, Delivering ResultsQuint Digital Limited reported a 336% year-on-year revenue surge to Rs. 35 Cr for Q1 FY 2026-27, driven by its Media-Tech business and strategic expansion into experiential ventures like the upcoming Time Out Market in New Delhi. The company also recognized a mark-to-market gain of Rs. 10.58 Cr on its increased stake in Lee Enterprises, valued at USD 29 Mn, while advancing its AI-powered platform capabilities through recent acquisitions.Ani NewsDigital Bets Take Off: Quint Digital Positioned for Transformational GrowthQuint Digital Limited (QDL), India's digital media-tech company, reported strong FY2025-26 results including a 155% YoY revenue increase to Rs. 81.23 Cr and a 225% rise in net profit to Rs. 41.55 Cr. The company has transformed from a digital news publisher to a diversified media-tech platform, expanding into physical retail with the launch of Time Out India and a Time Out Market in New Delhi.https://www.outlookbusiness.com/Adani Group Completes Full Takeover of IANS News Agency – Outlook BusinessThe Adani Group completed full ownership of IANS news agency by acquiring the remaining 24% stake, making it a wholly-owned subsidiary. This strategic move further expands Adani's media presence, following previous investments in NDTV, Quintillion Business Media, and other media properties.VCCircleAdani Media Ventures to acquire minority stake in Quintillion Business MediaAdani Media Ventures has entered into a binding term sheet to acquire a minority stake in Quintillion Business Media Pvt Ltd, an indirect subsidiary of Quint Digital Media Ltd. The transaction is specific to the business news platform QBM and excludes other properties owned by Quint Digital such as The Quint or Quintype Technologies. This deal coincides with Quintillion Media ending its equity joint venture with Bloomberg Media in favor of a new content license agreement.PR NewswireBloomberg Forms New Partnership With Quintillion Media In IndiaBloomberg Media announced the formation of BloombergQuint, a new joint venture partnership with Quintillion Media in India, commencing April 1, 2016, to deliver business and financial news content across broadcast, digital, and live events platforms. The partnership will leverage Bloomberg's global resources and journalistic network combined with Quintillion Media's local market expertise, with plans to launch a new business channel, localized website, and events business in 2016. Bloomberg has hired former CNBC-TV18 CEO Anil Uniyal as CEO and former Executive Editor Menaka Doshi as Managing Editor to lead the venture targeting India's growing business audience.