Business Standard

Four serial entrepreneurs invest in Oximity

Serial entrepreneurs Ronnie Screwvala, Sashi Reddi, Krishnan Ganesh and Anand Ranganathan have co-invested in Oximity, a unique news website

BS Reporter  |  Hyderabad 

Serial entrepreneurs Ronnie Screwvala, Sashi Reddi, and have co-invested in Oximity, a unique website that crowd-sources opinions and developments on social and economic issues at a global level.

The four Indian investors have jointly invested to raise the seed round of $ 620,000 for the website. The investment in goes beyond commercial concerns that drive latest trends like social, mobile, location based services, and big data. “The media landscape is shifting rapidly, and in a few years there will be an entirely new set of players dominating this space. We believe has the potential to be one of such dominant players,” Ronnie Screwvala, stated in a press release.



“There is a revolution coming in the generation and distribution of and is at the forefront of that revolution. I am delighted to be backing a visionary like Sanjay Goel as disrupts this industry,” said Sashi Reddi, managing partner of SRI Capital.

With its modus operandi of crowd-sourcing news, aims to transform the traditional top-down structure of media with a bottoms-up approach- in writing, reporting, editing and distributing

By allowing people and organisations to report their in over 180 languages, and facilitating automatic as well as manual translation, intends to remove language as a barrier to the flow of information globally.

Additionally, it is partnering with various existing user generated networks worldwide to create one large network of self-empowered writers and readers.

“We believe all human beings are equal, without exception. The disenfranchised can now have a voice, on a level-playing field with the already empowered. And users get to set the agenda, instead of a few people who run global media organisations,” said co-founder Sanjay Goel.

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Four serial entrepreneurs invest in Oximity

Serial entrepreneurs Ronnie Screwvala, Sashi Reddi, Krishnan Ganesh and Anand Ranganathan have co-invested in Oximity, a unique news website

Serial entrepreneurs Ronnie Screwvala, Sashi Reddi, Krishnan Ganesh and Anand Ranganathan have co-invested in Oximity, a unique news website Serial entrepreneurs Ronnie Screwvala, Sashi Reddi, and have co-invested in Oximity, a unique website that crowd-sources opinions and developments on social and economic issues at a global level.

The four Indian investors have jointly invested to raise the seed round of $ 620,000 for the website. The investment in goes beyond commercial concerns that drive latest trends like social, mobile, location based services, and big data. “The media landscape is shifting rapidly, and in a few years there will be an entirely new set of players dominating this space. We believe has the potential to be one of such dominant players,” Ronnie Screwvala, stated in a press release.

“There is a revolution coming in the generation and distribution of and is at the forefront of that revolution. I am delighted to be backing a visionary like Sanjay Goel as disrupts this industry,” said Sashi Reddi, managing partner of SRI Capital.

With its modus operandi of crowd-sourcing news, aims to transform the traditional top-down structure of media with a bottoms-up approach- in writing, reporting, editing and distributing

By allowing people and organisations to report their in over 180 languages, and facilitating automatic as well as manual translation, intends to remove language as a barrier to the flow of information globally.

Additionally, it is partnering with various existing user generated networks worldwide to create one large network of self-empowered writers and readers.

“We believe all human beings are equal, without exception. The disenfranchised can now have a voice, on a level-playing field with the already empowered. And users get to set the agenda, instead of a few people who run global media organisations,” said co-founder Sanjay Goel.
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Business Standard
177 22

Four serial entrepreneurs invest in Oximity

Serial entrepreneurs Ronnie Screwvala, Sashi Reddi, Krishnan Ganesh and Anand Ranganathan have co-invested in Oximity, a unique news website

Serial entrepreneurs Ronnie Screwvala, Sashi Reddi, and have co-invested in Oximity, a unique website that crowd-sources opinions and developments on social and economic issues at a global level.

The four Indian investors have jointly invested to raise the seed round of $ 620,000 for the website. The investment in goes beyond commercial concerns that drive latest trends like social, mobile, location based services, and big data. “The media landscape is shifting rapidly, and in a few years there will be an entirely new set of players dominating this space. We believe has the potential to be one of such dominant players,” Ronnie Screwvala, stated in a press release.

“There is a revolution coming in the generation and distribution of and is at the forefront of that revolution. I am delighted to be backing a visionary like Sanjay Goel as disrupts this industry,” said Sashi Reddi, managing partner of SRI Capital.

With its modus operandi of crowd-sourcing news, aims to transform the traditional top-down structure of media with a bottoms-up approach- in writing, reporting, editing and distributing

By allowing people and organisations to report their in over 180 languages, and facilitating automatic as well as manual translation, intends to remove language as a barrier to the flow of information globally.

Additionally, it is partnering with various existing user generated networks worldwide to create one large network of self-empowered writers and readers.

“We believe all human beings are equal, without exception. The disenfranchised can now have a voice, on a level-playing field with the already empowered. And users get to set the agenda, instead of a few people who run global media organisations,” said co-founder Sanjay Goel.

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Business Standard
177 22