 "RP-Sanjiv Goenka Group acquires 51% stake in video news app, Editorji")
The RP-Sanjiv Goenka Group said on Wednesday that it has acquired a majority stake through a combination of primary and secondary transaction in Editorji Technologies Pvt Ltd, a video-based news app started by journalist Vikram Chandra.
Launched in 2018 , Editorji is a digital news player, primarily in current affairs news content. It delivers news in two languages – English and Hindi and across three formats of video, audio and text formats.
Airtel and HT are existing investors.
Commenting on the development, Sanjiv Goenka, chairman RPSG Group, said that the investment marked the group's foray into digital news media space.
"I believe, Editorji is a promising platform to build significant digital media business," he said. For the RPSG Group, this move comes on the back of acquiring publishing rights for Fortune in India earlier this month.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%