Hubbry Logo
search
search button
Sign in
Historyarrow-down
starMorearrow-down
Welcome to the community hub built on top of the Times Internet Wikipedia article. Here, you can discuss, collect, and organize anything related to Times Internet. The purpose of the hub is to connect people, foster deeper knowledge, and help improve the root Wikipedia article.
Add your contribution
Inside this hub
Times Internet

Times Internet is an Indian multinational technology company, headquartered in Gurgaon. It is the digital arm of The Times Group, the largest media conglomerate in India.[2]

Key Information

Through its venture capital arm TVentures, Times Internet has invested in over 50 start-ups in the technology space such as logistics provider Delhivery, bus aggregating platform Shuttl, ed-tech platform Byju's, and gaming platform MPL, among others.

History

[edit]

1999–2011: Initial years

[edit]

In its initial years, Times Internet primarily focused on digital media—handling the online versions of The Times Group which is owned by Sahu Jain family. Some major print publications includes The Times of India, The Economic Times, Maharashtra Times and Navbharat Times.[3]

Times Internet ventured into multiple new categories with mixed success. It entered social networking and e-commerce with Indiatimes but was unable to scale the business.[4] The company achieved success with MagicBricks, an online real estate platform launched in 2006 and iDiva, a women's lifestyle portal in 2009.[5][6]

2012–2019: Investments

[edit]

Times Internet made a series of acquisitions—buying majority stakes in MensXP in 2012,[7] Cricbuzz, Coupondunia and Dineout in 2014,[8][9][10] Taskbucks in 2015,[11] 'The Viral Shots' and WillowTV in 2016. In 2016, it also forged a strategic alliance with Haptik, an AI-enabled chatbot service.[12] The company launched its startup accelerator, TLabs in 2012 through which it invested in upcoming digital startups like Delhivery, Pratilipi etc. Times Internet and Adstuck launched a joint venture Alive. Alive was an augmented reality browser to promote brands with print using augmented reality.[13]

Times Internet launched new digital products—Happy Trips in 2014,[14] ET Money and NewsPoint in 2015.[15] In 2015, Times Internet launched Samayam, a website that provides news in Tamil, Telugu and Malayalam languages.[16] In association with HDFC Bank, it launched 'Times Points HDFC Bank Debit Card', an exclusive co-branded debit card in 2016.[17] It also ventured into video streaming with Box TV Limited in 2012 but shut it down in 2016.[18]

In 2016, Times Internet built Colombia, an ad-tech network.[19]

Times Internet launched ET Insure in February 2017,[20] BrainBaazi in February 2018, and ET Prime in April 2018. It acquired 'House of God' in December 2017[21] and partnered with Tencent to invest $115 million in Gaana in February 2018.[22]

On 28 June 2018, Times Internet acquired MX Player, the world's largest video player for $140 million.[23] On 20 February 2019, Times Internet re-launched MX Player as a platform streaming movies, TV and web shows.[24]

On 24 April 2019, Times Internet participated as a lead investor in $35.5 million (Rs 2.50 billion) Series-A funding round of Mobile Premier League (MPL).[25]

2020–present: Divestments

[edit]

In 2022, Times Internet sold its short video app MX Takatak to ShareChat for around $700 million in a cash-and-stock transaction.[26] This was followed by the sale of table reservation platform Dineout to Swiggy in an all-stock deal valued at $120 million.[27] Later that year, it sold MensXP, iDiva and Hypp to e-commerce rollup company Mensa Brands for an undisclosed amount.[28]

In 2023, after failing to find a buyer, the music streaming service Gaana was consolidated with another Times Group company Entertainment Network India Limited (ENIL) for a consideration of 25 lakh.[29]

In 2024, Times Internet sold MX Player to Amazon for around $100 million[30] and ET Money to 360 One WAM for 366 crore in stock swap and cash.[31]

Subsidiaries and products

[edit]
List of digital products owned and managed by Times Internet (as of May 2019)[32]
Product Description
Ahmedabad Mirror News portal focused on Ahmedabad
Bangalore Mirror News portal focused on Bengaluru
Ei Samay News portal in Bengali
The Economic Times (ET) Business and financial news platform
ETimes Entertainment news portal
Indiatimes News and infotainment platform
Maharashtra Times News portal in Marathi
Miss Kyra Entertainment, lifestyle, and fashion news portal
Navbharat Times News portal in Hindi
NavGujarat Samay News portal in Gujarati
NewsPoint News aggregation portal
Pune Mirror News portal focused on Pune
The Times of India (TOI) News portal in English
Vijaya Karnataka News portal in Kannada
Samayam Infotainment and News portal in Malayalam, Telugu, and Tamil
Astrospeak Astrology and horoscope service
TimesProperty News portal for real estate industry
BaaziNow Live video and gaming platform
CouponDunia Deals discovery platform
Cricbuzz Cricket infotainment platform
Databack Data savings service
Get Me a Shop Offline to online eCommerce service
Happy Trips Travel guide and information portal
MagicBricks Real estate listings and information portal
Speaking Tree Spirituality platform and network
Taskbucks Reward based discovery platform
TechGig Technology platform and community
Times Card Lifestyle focused credit cards
Times Jobs Jobs listings portal
Times Now TV news channel operating in India
Times Prime Digital subscriptions platform
Whats Hot Local guide to your city
Willow TV channel focused on cricket broadcast
Times XP Hindi Platform for Hindi news
News Point Content Aggregation Platform
Former subsidiaries
Product Description Note
CricPlay Cricket Fantasy App Defunct
Dineout Table reservation service Acquired by Swiggy
ET Money Personal money management service Acquired by 360 One WAM
Gaana Music streaming platform Acquired by ENIL
MX Player Video player and streaming platform Acquired by Amazon
iDiva Women's lifestyle portal Acquired by Mensa Brands
MensXP Men's lifestyle portal Acquired by Mensa Brands

References

[edit]
[edit]
Add your contribution
Related Hubs