Company lists
The Maharashtra edition · 2026

Internet first mediacompanies in Maharashtra

News, sports, automotive, entertainment, parenting and more: the companies building internet first media in Maharashtra, with their founders, funding, team size and business models.

583 company profiles71 with reported revenue17 with recorded fundingSeptember 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent internet first media business events in Maharashtra

Funding, M&A, contract wins and launches involving 692 internet first media companies in Maharashtra, last 24 months: 59 M&A deals · 12 funding rounds · 1 Launch · 1 Contract. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Completed

Nazara technologies acquires Rusk media

The acquisition was completed for a subscription amount of ₹14,98,99,176. This development comes after a Share Subscription Agreement was executed on March 30, 2026, between Nazara…

Media and Entertainment
FundingPreferential issue of warrants

Nazara technologies

Gaming company Nazara Technologies has announced a Rs 500 crore fundraise through a preferential issue of warrants , according to a regulatory filing on Monday.

Investors Riambel Capital, S Gupta Family Investments, Plutus Investment and Holding, Classic enterprises
Gaming
M&AAcquisition · Rumored

Na acquires Madison world

Madison World is likely to sign a term sheet for a potential ₹1,000 crore acquisition.

Advertising
M&AAcquisition · Announced

Wondrlab acquires Madison world

Wondrlab has been in advanced discussions to acquire Sam Balsara’s Madison in a transaction widely pegged at around ₹1,000 crore.

Advertising
M&AAcquisition · Rumored

Wondrlab Network acquires Madison world

According to reports, Madison founder Sam Balsara is seeking around Rs 1,000 crore for the agency. If the Wondrlab deal goes through, it would rank as the largest acquisition of an…

Advertising agency
Funding

Rediff.com

Infibeam Avenues is preparing one of its biggest consumer-facing bets yet, committing ₹500-700 crore over the next three years to transform Rediff.com into an AI-first super-app ecosystem.

AI, fintech, payments
M&AAcquisition · Completed

Rediff.com acquires Infibeam avenues

This strategic move has resulted in Infibeam Avenues increasing its shareholding in Rediff to 82.66%, marking a substantial expansion of its stake in the prominent Indian internet company.

Fintech
LaunchDigital e-paper platform

Sakal media group

In a landmark move that redefines regional journalism for the global digital age, the Sakal Media Group, the largest independently owned media business in Maharashtra and Goa, today…

Platform
M&AAcquisition · Announced

Flipkart acquires Pinkvilla

Flipkart, India’s homegrown e-commerce marketplace, has announced the acquisition of a majority stake in Pinkvilla India Private Limited

Digital infotainment platform
M&AAcquisition · Announced

Axana Estates LLP acquires Nazara technologies

Axana Estates LLP has acquired a 5.4% stake in online gaming company Nazara Technologies through a preferential issue of equity shares, according to a regulatory filing.

M&AAcquisition · Rumored

Havas acquires Madison world

On being asked as to what extent talks have progressed on the Madison acquisition, Yannick Bolloré told IMPACT, "People have been asking me this question for the past 10 years now. It's…

Media
M&AAcquisition · Rumored

Na acquires Madison world

Bolloré reaffirmed the company’s commitment to its acquisition-led growth strategy at a time when Havas and Publicis Groupe are reportedly in the final stages of bidding for a 70% stake…

FundingSeed

Rime

Rime, a San Francisco-based speech technology startup, raised $5.5 million in seed funding.

Investors Unusual ventures, Founders You Should Know, Cadenza, Aaron King
Speech Technology
M&AAcquisition · Announced

Creativefuel acquires Missmalini entertainment

Creativefuel, marketing and content agency founded by Nikhil and Tushar Sukhramani, has reportedly acquired MissMalini Entertainment from The Good Glamm Group (GGG) in a deal valued at…

Digital content & influencer ecosystem
M&AAcquisition · Completed

The good glamm group acquires Missmalini entertainment

However, people close to the company said that GGG had bought MissMalini for around Rs 3 crore.

Media and influencer talent management
M&AAcquisition · Pending

Moonshine technologies acquires Nazara technologies

Nazara obtained the board’s nod to sell its 94.85% stake in its subsidiary Open Play to Moonshine Technologies, the parent of online poker platform Pokerbaazi, for INR 104.33 Cr.

M&AAcquisition · Rumored

Publicis Groupe and Havas Network acquires Madison world

Publicis Groupe and Havas Network are in separate talks to snap up a majority stake in Madison World, India’s last large independent advertising group, if media reports are to be believed.

Advertising
M&AAcquisition · Rumored

Havas Network acquires Madison world

Publicis Groupe and Havas Network are both in discussions with Madison World, founded by Sam Balsara, to acquire a majority stake in its advertising business.

Advertising and communications
M&AAcquisition · Pending

Publicis groupe acquires Madison world

Publicis Groupe and Havas Network have entered separate negotiations to acquire a majority stake in Madison World

Advertising
M&AAcquisition

Norges bank acquires Nazara technologies

Norges Bank has bought 7.19 Lakh shares of gaming major Nazara Technologies via bulk deals

M&AAcquisition · Announced

Axana Estates LLP, Plutus Wealth Management LLP, Junomoneta Finsol Private Limited acquires Nazara technologies

Axana Estates LLP, Plutus Wealth Management LLP, along with Junomoneta Finsol Private Limited made an Open Offer to acquire equity shares in Nazara Technologies Ltd.

Gaming
M&AAcquisition · Announced

Axana Estates acquires Nazara technologies

Nazara Technologies announced on Monday its plans to secure Rs 495 crore through a 5.4% stake sale to Axana Estates, an entity established by the company's current investors.

Gaming & Media
M&AAcquisition · Announced

Axana Estates & Plutus Wealth Management acquires Nazara technologies

The transaction, which is priced at Rs 990 per share, has triggered an open offer wherein Plutus Wealth Management and Axana Estates, along with persons acting in concert (PAC), will…

Gaming & Media
M&AAcquisition · Announced

Axana Estates LLP acquires Nazara technologies

Nazara Technologies has raised INR 495 crore by selling a 5.4% stake to Axana Estates LLP, led by existing investors Arpit Khandelwal and Mithun Sacheti.

M&AAcquisition · Announced

Axana Estates LLP and Plutus Wealth Management LLP acquires Nazara technologies

Nazara Technologies Ltd, a leading diversified gaming and sports media platform, has announced an open offer for up to 26% of its equity shares.

M&AAcquisition · Announced

Axana Estates and Plutus Wealth Management, along with Junomoneta Finsol acquires Nazara technologies

Axana Estates and Plutus Wealth Management, along with Junomoneta Finsol, have made an open offer to acquire up to a 26% stake in Nazara Technologies Ltd.

Gaming

Internet first media companies in Maharashtra, by revenue

Browse internet first media companies in Maharashtra by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 71 internet first media companies in Maharashtra that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of diversified gaming and sports media platform

Mobile gaming
₹1,715.44 crFY 2024-25
+41%2024–2025
184+1% 12 mo to Mar 2023LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Online platform offering latest news in Hindi for global audiences

Internet first media
₹760.22 crFY 2024-25
+1%2024–2025
1,156-1% 12 mo to Aug 2024recorded Aug 2024
18 yr2008
0none in 3 months

Provider of digital entertainment experiences across gaming, esports, music, and sports

Mobile gaming
₹382.82 crFY 2024-25
+51%2024–2025
262-20% 12 mo to Aug 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months · last posted Aug 2022

Streaming platforms providing music, video, news, and gaming content

Internet first media
₹244.40 crFY 2023-24
-28%2023–2024
659-22% 12 mo to Feb 2024LinkedIn · Jul 2026
27 yr1999
0none in 3 months

Online platform providing news on music

Internet first media
₹219.87 crFY 2024-25
+32%2024–2025
62LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Jun 2026

Digital news content related to stock markets, finance, and economy

Internet first media
₹190.65 crFY 2022-23
-9%2022–2023
1,259recorded
27 yr1999
—No postings tracked

Digital media property focusing on cricket

Internet first media
₹131.28 crFY 2024-25
-10%2024–2025
1LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Manufacturer of gaming accessories

Internet first media
₹83.97 crFY 2022-23
+2647%2022–2023
87-92% vs previous recordrecorded
5 yr2021
—No postings tracked

Gujarat based local news portal

Internet first media
₹70.39 crFY 2022-23
Not reported
—Not available
47 yr1979
0none in 3 months

Online fashion & lifestyle magazine

Internet first media
₹57.73 crFY 2024-25
+32%2024–2025
68+9% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Technology news platform

Internet first media
₹42.75 crFY 2023-24
+41%2023–2024
—Not available
9 yr2017
0none in 3 months

Social news platform for viral and trending content

Internet first media
₹35.45 crFY 2024-25
+12%2024–2025
160+0% 12 mo to Jul 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Online travel & lifestyle content portal

Online travel
₹26.36 crFY 2024-25
Not reported
81LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Jun 2026

Marathi online news portal

Internet first media
₹24.31 crFY 2024-25
+3%2024–2025
35LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Online news and information portal for animation, gaming & VFX

Internet first media
₹20.68 crFY 2024-25
+29%2024–2025
—Not available
15 yr2011
0none in 3 months

Digital platform providing news in multiple languages

Internet first media
₹18.68 crFY 2024-25
+19%2024–2025
31LinkedIn · Jul 2026
8 yr2018
0none in 3 months

App-based platform offering medical news

Internet first media
₹18.08 crFY 2024-25
+57%2024–2025
37+9% 12 mo to Mar 2024recorded Mar 2024
5 yr2021
0none in 3 months

Provider of real-time financial news and data

Internet first media
₹16.93 crFY 2023-24
+20%2023–2024
120LinkedIn · Jul 2026
25 yr2001
0none in 3 months

Provider of news, insights, and analysis for the solar energy sector

Internet first media
₹16.72 crFY 2024-25
+19%2024–2025
43+169% 12 mo to Sep 2024recorded Sep 2024
14 yr2012
0none in 3 months

A digital platform offering online temple and gamesha darshana services

Religion tech
₹14.59 crFY 2021-22
Not reported
—Not available
23 yr2003
0none in 3 months

Online platform providing multi-category news

Internet first media
₹14.00 crFY 2021-22
Not reported
44LinkedIn · Jul 2026
25 yr2001
0none in 3 months

Provider of online tax information, news, rulings, and analysis

Internet first media
₹15.87 crFY 2024-25
+1%2024–2025
50-10% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Online subscription-based digital publication

Internet first media
₹15.60 crFY 2024-25
+28%2024–2025
58LinkedIn · Jul 2026
3 yr2023
0none in 3 months

Online platform offering multi-category content

Internet first media
₹15.55 crFY 2024-25
+9%2024–2025
92LinkedIn · Jul 2026
13 yr2013
1postings · last posted Jul 2026

Online platform offering multi category news

Internet first media
₹14.99 crFY 2024-25
+20%2024–2025
—Not available
28 yr1998
0none in 3 months
50 of 583 companies shown here · the full list is on Radar
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Explore all 583 internet first media companies in Maharashtra on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open internet first media in Maharashtra on Radar
  • Every company, not just 50All 583 internet first media companies in Maharashtra, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore internet first media companies in Maharashtra by what you are looking for

Browse internet first media companies in Maharashtra, from online news publishers and sports portals to entertainment and parenting content sites. Find digital media startups in Maharashtra and the top online media companies in one place.

9 ways to explore internet first media in Maharashtra

Online news publishers & news portalsSports media & cricket news websitesAutomotive content, car & bike review portalsEntertainment, film & TV media platformsParenting & family content platformsBusiness, finance & technology media

Online news publishers & news portals

Digital news portals, publishers and news aggregators.

  1. Lokmat Media

    Online platform offering latest news in Hindi for global audiences

    Internet first media
    See in list
  2. Mid-Day Infomedia

    Gujarat based local news portal

    Internet first media
    See in list
  3. RVCJ Digital Media

    Social news platform for viral and trending content

    Internet first media
    See in list
  4. Dainik Prabhat

    Marathi online news portal

    Internet first media
    See in list
  5. Fact Crescendo

    Digital platform providing news in multiple languages

    Internet first media
    See in list
194 companies in Maharashtra

Sports media & cricket news websites

Online platforms covering cricket, football and other sports.

  1. Nazara

    Provider of diversified gaming and sports media platform

    Mobile gaming
    See in list
  2. JetSynthesys

    Provider of digital entertainment experiences across gaming, esports, music, and sports

    Mobile gaming
    See in list
  3. CricketCountry

    Digital media property focusing on cricket

    Internet first media
    See in list
  4. ChessBase

    Online platform offering chess content

    Sports tech
    See in list
  5. Female Cricket

    Online platform providing news on cricket

    Sports tech
    See in list

Automotive content, car & bike review portals

Car and bike review sites, auto news and enthusiast communities.

  1. MotorBeam

    Online automobile content & reviews portal

    Internet first media
    See in list
  2. PowerDrift

    Online content platform providing information about motorcycles

    Internet first media
    Website
  3. Bikers Club

    Social platform for motorbike enthusiasts

    Social platforms
    Website
  4. Business India Group

    Business India, India's leading business Magazine, Magazine of the corporate world, Auto India, Magazine automobiles, Inside Outside, Magazine for interiors

    Internet first media
    Website
  5. BuyCarsOnline

    Online portal allowing users to research on new cars

    Auto e-commerce & content
    Website
24 companies in Maharashtra

Entertainment, film & TV media platforms

Entertainment news, film and TV portals, OTT and music platforms.

  1. Hungama Digital Media

    Streaming platforms providing music, video, news, and gaming content

    Internet first media
    See in list
  2. Arré

    Digital media content platform providing online stories, videos, podcasts, and web series

    Internet first media
    See in list
  3. Film Companion

    Film Companion | All Things Entertainment

    Internet first media
    See in list
  4. IWMBuzz

    App-based media portal focused on entertainment news

    Internet first media
    See in list
  5. India Forums

    Online platform providing entertainment news

    Tech for film & tv
    See in list

Parenting & family content platforms

Parenting content sites, baby care information and parent communities.

  1. Kidsstoppress

    Parenting content platform

    Internet first media
    See in list
  2. India Parenting

    Information and resource platform for parents

    Internet first media
    Website
  3. SUPERMOM MITALI

    Provider of baby care and parenting content portal

    Mom & baby care
    Website
  4. The Curious Parent

    Online community platform for parents

    Mom & baby care
    Website
  5. theIndusparent

    Content Platform and Community for Indian Parents

    Internet first media
    Website

Business, finance & technology media

Online publications on business, finance, startups and technology.

  1. Moneycontrol

    Digital news content related to stock markets, finance, and economy

    Internet first media
    See in list
  2. Informist Media

    Provider of real-time financial news and data

    Internet first media
    See in list
  3. BloombergQuint

    Online platform providing news on business and finance

    Internet first media
    Website
  4. Taxsutra

    Provider of online tax information, news, rulings, and analysis

    Internet first media
    See in list
  5. TechStory

    A media platform focused on tech and business news

    Internet first media
    Website

Internet first media startups in Maharashtra

Newer digital media companies founded in recent years.

  1. Brandscale Innovations

    Manufacturer of gaming accessories

    Internet first media
    See in list
  2. Vygr News

    Blogs focused on multiple topics

    Internet first media
    See in list
  3. Filmi Shorts

    Online platform providing news on TV and films

    Internet first media
    Website
  4. Haalchaal

    Location-based vernacular social application

    Local services
    Website
  5. Feature Writers

    Online news platform

    Internet first media
    Website
67 companies in Maharashtra

Internet first media companies hiring in Maharashtra

Digital media companies currently hiring.

  1. JetSynthesys

    Provider of digital entertainment experiences across gaming, esports, music, and sports

    Mobile gaming
    See in list
  2. Music Plus

    Online platform providing news on music

    Internet first media
    See in list
  3. Curly Tales

    Online travel & lifestyle content portal

    Online travel
    See in list
  4. Homegrown

    Online platform offering multi-category content

    Internet first media
    See in list
  5. ChessBase

    Online platform offering chess content

    Sports tech
    See in list
9 companies in Maharashtra

Listed internet first media companies in Maharashtra

Publicly listed digital media and gaming companies.

  1. Nazara

    Provider of diversified gaming and sports media platform

    Mobile gaming
    See in list
  2. diligent media corporation

    Diligent Media Corporation is an India-based company that publishes daily newspapers.

    Internet first news publishers
    Website
  3. Unitech International

    Provider of online sports betting guidance and tips

    Internet first media
    Website
3 companies in Maharashtra
Mobile reach

Top 10 internet first media apps from Maharashtra

The most-installed Android apps published by internet first media companies headquartered in Maharashtra — 40.8M installs between them. 46 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

EverMerge: Fantasy Merge Games

by JetSynthesys

Installs17.1M
Rating4.37480K ratings
Installs, year on year+8%
Last updatedMay 2026
View on Google Play ↗
EverMerge: Fantasy Merge Games screenshot 1EverMerge: Fantasy Merge Games screenshot 2EverMerge: Fantasy Merge Games screenshot 3EverMerge: Fantasy Merge Games screenshot 4EverMerge: Fantasy Merge Games screenshot 5EverMerge: Fantasy Merge Games screenshot 6
2

Ludo Classic Game

by Nazara

Installs7.6M
Rating4.0514K ratings
Installs, year on year+2%
Last updatedOct 2025
View on Google Play ↗
Ludo Classic Game screenshot 1Ludo Classic Game screenshot 2Ludo Classic Game screenshot 3Ludo Classic Game screenshot 4
3

BikeWale- Bikes & Two Wheelers

by BikeWale

Installs7.2M
Rating4.6472K ratings
Last updatedMay 2026
View on Google Play ↗
BikeWale- Bikes & Two Wheelers screenshot 1BikeWale- Bikes & Two Wheelers screenshot 2BikeWale- Bikes & Two Wheelers screenshot 3BikeWale- Bikes & Two Wheelers screenshot 4BikeWale- Bikes & Two Wheelers screenshot 5BikeWale- Bikes & Two Wheelers screenshot 6
4

Lokmat News & Epaper App

by lokmat media

Installs2.7M
Rating2.9714K ratings
Last updatedFeb 2025
View on Google Play ↗
Lokmat News & Epaper App screenshot 1Lokmat News & Epaper App screenshot 2Lokmat News & Epaper App screenshot 3Lokmat News & Epaper App screenshot 4Lokmat News & Epaper App screenshot 5Lokmat News & Epaper App screenshot 6
5

Headlyne: Daily News with AI

by Headlyne

Installs1.4M
Rating2.5941 ratings
Installs, year on year+65%
Last updatedAug 2025
View on Google Play ↗
Headlyne: Daily News with AI screenshot 1Headlyne: Daily News with AI screenshot 2Headlyne: Daily News with AI screenshot 3Headlyne: Daily News with AI screenshot 4Headlyne: Daily News with AI screenshot 5Headlyne: Daily News with AI screenshot 6
6

Loksatta Marathi News + Epaper

by loksatta

Installs1.4M
Rating4.5432K ratings
Last updatedMay 2026
View on Google Play ↗
Loksatta Marathi News + Epaper screenshot 1Loksatta Marathi News + Epaper screenshot 2Loksatta Marathi News + Epaper screenshot 3Loksatta Marathi News + Epaper screenshot 4Loksatta Marathi News + Epaper screenshot 5Loksatta Marathi News + Epaper screenshot 6
7

Dinakaran - Tamil News

by dinakaran

Installs1.4M
Rating5.08K ratings
Last updatedApr 2026
View on Google Play ↗
Dinakaran - Tamil News screenshot 1Dinakaran - Tamil News screenshot 2Dinakaran - Tamil News screenshot 3Dinakaran - Tamil News screenshot 4Dinakaran - Tamil News screenshot 5Dinakaran - Tamil News screenshot 6
10

Arré Voice: Short Audio Social

by Arré

Installs433K
Rating—
Last updatedJun 2026
View on Google Play ↗
Arré Voice: Short Audio Social screenshot 1Arré Voice: Short Audio Social screenshot 2Arré Voice: Short Audio Social screenshot 3Arré Voice: Short Audio Social screenshot 4Arré Voice: Short Audio Social screenshot 5Arré Voice: Short Audio Social screenshot 6
The business behind the activity

Internet first media financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 57 internet first media companies in Maharashtra for FY24-25 — 83 of the 583 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 77% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹1,592.95 cr

57 companies filing accounts

combined net profit₹158.11 cr

9.9% aggregate margin

are profitable53%

30 of 57 companies

median revenue~₹3.5 cr

the typical company

median revenue growth+12%

into FY24-25

earned by the top five77%

revenue concentration

Six-year view

Combined revenue of filing companies

₹1,071.01 crFY19-2061 filers
₹1,117.31 crFY20-2166 filers
₹1,697.37 crFY21-2267 filers
₹1,996.62 crFY22-2367 filers
₹1,898.57 crFY23-2464 filers
₹1,592.95 crFY24-2557 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 56 companies over three years

+11%
FY22-23₹1,428.51 cr₹80.23 cr net
FY23-24₹1,490.10 cr₹30.02 cr net
FY24-25₹1,592.30 cr₹158.63 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr2429% profitable
₹1–10 cr1560% profitable
₹10–100 cr1479% profitable
₹100–1,000 cr475% profitable
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking23
0–20%8
20–50%13
50–100%7
Doubled+6

57 companies with accounts for both years; median growth +12%.

Profitability

Profit is concentrated at the top

30profitable
27loss-making
9.9%aggregate margin
1.1%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
ExhibitExhibit Technologies Private Limited+64%
Curly TalesCURLY TALES DIGITAL MEDIA PRIVATE LIMITED+62%₹26.36 cr
MedshortsSCIENTIMED SOLUTIONS PRIVATE LIMITED+57%₹18.08 cr
NazaraNazara Technologies Limited+49%₹100.86 cr
AnimationBossAB STUDIOS PRIVATE LIMITED+46%₹20.54 cr
ELLE IndiaOGAAN MEDIA PRIVATE LIMITED+32%₹57.69 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
NazaraNazara Technologies Limited27.8%₹100.86 cr
Lokmat, Lokmat MediaLOKMAT MEDIA PRIVATE LIMITED17.5%₹741.71 cr
Dainik PrabhatDAILY PRABHAT AND POONA DAILY NEWS PVT LTD17.3%₹24.31 cr
TaxsutraREALTIME TAXSUTRA SERVICES PRIVATE LIMITED17.0%₹15.87 cr
The CoreOUTCUE MEDIA PRIVATE LIMITED15.9%₹15.60 cr
ExhibitExhibit Technologies Private Limited11.6%
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Internet first media46₹1,450.43 cr~₹3.7 cr52%8.9%
Leaders

Largest internet first media companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Lokmat, Lokmat MediaLOKMAT MEDIA PRIVATE LIMITED₹741.71 cr₹129.77 cr17.5%+1%
Music PlusTM VENTURES PRIVATE LIMITED₹180.23 cr₹12.32 cr6.8%+20%
TheHealthSite, CricketCountryINDIADOTCOM DIGITAL PRIVATE LIMITED₹131.28 cr−₹20.23 cr-15.4%-10%
NazaraNazara Technologies Limited₹100.86 cr₹28.04 cr27.8%+49%
Mid-Day InfomediaMIDDAY INFOMEDIA LIMITED₹68.60 cr−₹1.68 cr-2.4%-3%
ELLE IndiaOGAAN MEDIA PRIVATE LIMITED₹57.69 cr₹5.29 cr9.2%+32%
RVCJ Digital MediaRVCJ DIGITAL MEDIA PRIVATE LIMITED₹35.45 cr₹12.22 lakh0.3%+12%
Curly TalesCURLY TALES DIGITAL MEDIA PRIVATE LIMITED₹26.36 cr₹2.30 cr8.7%+62%
Dainik PrabhatDAILY PRABHAT AND POONA DAILY NEWS PVT LTD₹24.31 cr₹4.20 cr17.3%+3%
ExhibitExhibit Technologies Private Limited₹2.45 cr11.6%+64%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Internet first media funding and M&A across India

358 recorded equity rounds have gone to 3,399 internet first media companies in India — how much, at which stage, into which sub-sectors, from whom, and how Maharashtra compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months1

US$1.00m

equity rounds, last 24 months6

US$3.35m

raised over five yearsUS$1.55bn

84 rounds in India

M&A deals, Maharashtra59

last 24 months

Capital by year

Equity funding into internet first media in India

amount rounds
$131m201847
$110m201936
$367m202024
$408m202127
$1.1bn202225
$19m202317
$21m20249
$3.4m20256

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$1.10bn across 25 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$1.77m13 rounds · median US$81k
SeedUS$29.84m46 rounds · median US$456k
Series AUS$62.52m14 rounds · median US$3.52m
Series BUS$34.29m7 rounds · median US$3.03m
Series CUS$13.69m1 rounds · median US$13.69m
Where the money went · five years

Most-funded sub-sectors

Social platformsUS$1.41bn8 rounds · 4 companies
Internet first mediaUS$79.63m47 rounds · 33 companies
Mobile gamingUS$32.97m5 rounds · 2 companies
Mom & baby careUS$13.72m4 rounds · 2 companies
Sports techUS$7.75m9 rounds · 7 companies
Internet first insurance platformsUS$5.05m3 rounds · 1 companies
Auto e-commerce & contentUS$685k3 rounds · 2 companies
Corporate activity · last 24 months

M&A in Maharashtra

58Acquisition
1Merger

Most active acquirers

  1. Nazara technologies37
  2. Axana Estates LLP7
  3. Na2
  4. Morgan stanley1
  5. Wondrlab1

Most acquired or merged

  1. Nazara technologies10
  2. Madison world8
  3. Curve digital2
  4. Missmalini entertainment2
  5. Absolute sports2

Each deal appears in the events strip at the top of the page.

Internet first media funding in Maharashtra

17 internet first media companies in Maharashtra have recorded equity funding, US$317.95m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Maharashtra

Meet the people behind internet first media companies in Maharashtra. 170 of 583 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra internet first media companies by sub-sector

The most common specialisations among internet first media companies in Maharashtra. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring internet first media in India and nearby markets.

Coming soon