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NewsBytes Reviews

Noida, Uttar Pradesh

5.0/ 5

1 review

NewsBytes is an innovative media-technology company that specializes in providing explanatory journalism. Founded in 2013 by Shikha Chaudhry, Sumedh Chaudhry, and Romesh Khaddar, the startup is legally operated under Elysium Labs Private Limited. The company has its registered address in Ghaziabad, Uttar Pradesh, while maintaining major operational bases and headquarters across Gurugram, Haryana, and Singapore. Driven by alumni from IIT, IIM, and Ivy League institutions, NewsBytes was established with a clear goal to reduce information overload in daily news consumption by offering context-driven, precise, and highly comprehensible news content. The core differentiator of NewsBytes lies in its advanced technology model. It stands out as India's only media-technology company leveraging an in-house, AI-powered content engine to write and curate news content in multiple languages with minimal human intervention. This specialized digital platform incorporates two main pillars of language technology: Natural Language Processing (NLP) to decode, organize, and process massive volumes of contextual and historical background data, and Natural Language Generation (NLG) to automatically produce written narratives. Consequently, the platform ensures that readers do not need to seek out external references like Google or Wikipedia to understand the background of a news event. Every digital story published on its website and free Android application features automated contextual timelines, statistics, and historical records. The organization generates more than 400 stories a day, catering to a mobile-first audience spanning categories such as Indian politics, international relations, business, consumer technology, Bollywood, lifestyle, and cricket. From a business model perspective, NewsBytes acts as a dual entity: a consumer-facing digital news portal and a B2B technology company that licenses its proprietary AI content engine to other enterprises looking to scale quality content generation. The company's primary revenue streams include digital advertising, Google Native ads, and specialized public relations consoles that connect corporate clients directly to users via targeted advertorial and interactive Ask Me Anything (AMA) campaigns. Financially, NewsBytes is classified as a Series A startup and has raised a total of approximately $2.9 million in funding over six investment rounds. Its early investment history includes capital from accelerator programs and seed rounds, culminating in its core Series A round led by notable venture capital firms and strategic media investors, including Powerhouse Ventures, Müller Medien, GSF, JITO Incubation & Innovation Foundation, and Indian Dream Capital. Backed by a diverse team of data scientists, software engineers, and digital content creators, NewsBytes competes directly against prominent modern digital news platforms in the Indian media landscape, such as Scroll, The Quint, and Newslaundry.