Yesterday we announced Rajesh Jain‘s Netcore taking a majority stake in Greynium. Online media portals were quick to carry them, Read more on Greynium/Oneindia.in/Click.in acquisition: My Thoughts…
Announcement: NetCore acquires majority in Greynium, owner of India’s leading Local Language Portal Oneindia.com
Combine to reach consumers across PC Web, SMS and Mobile Internet in multiple Indian Languages
NetCore Solutions Pvt Ltd has acquired majority in Greynium Information Technologies Pvt Ltd. Terms of the deal were not disclosed. NetCore’s founder and Managing Director, Rajesh Jain, had earlier invested in Greynium through his personal venture capital fund, Emergic Venture Capital.