The Board of Quint Digital, at its meeting held on May 30, 2024, approved the acquisition of a 30% equity stake in Quintype Technologies India.
This stake was previously held by 360 One Seed Ventures Fund- Series 2, now known as IIFL Seed Ventures Fund – Series 2. The acquisition is valued at Rs 25.42 crore.
Quintype Technologies India is a renowned AI-powered digital newsroom growth platform, enabling publishers to create, distribute, and monetize their content.
The platform manages over 1 billion monthly pageviews for more than 200 publishers, including prominent brands such as BQ Prime, The Quint, Fortune India, Karjalainen, and i-mediat.