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Board of Quint Digital approves acquisition of 30% stake in Quintype Technologies India

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At meeting held on 30 May 2024

The Board of Quint Digital at its meeting held on 30 May 2024 has approved acquiring the entire 30% equity stake, held by 360 One Seed Ventures Fund- Series 2 (formerly IIFL Seed Ventures Fund Series 2) in Quintype Technologies India (CIN: U72200KA2015FLC082998), for an aggregate consideration of Rs 25.42 crore.

Quintype India is a leading AI-powered digital newsroom growth platform that empowers publishers to create, distribute, and monetise their content. Quintype manages over 1Bn monthly pageviews for over 200+ publishers, including marquee brands like BQ Prime, The Quint, Fortune India, Karjalainen, and i-mediat.

 

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First Published: May 31 2024 | 10:07 AM IST

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