 | |
| Company type | Private |
|---|---|
| Industry | Technology |
| Founded | 1999; 26 years ago (1999) |
| Headquarters | Gurgaon, India |
Area served | Worldwide |
Key people |
|
| Products | |
| Services | |
| Parent | The Times Group |
| Subsidiaries | See below |
| Website | www |
Times Internet is an Indianmultinationaltechnology company, headquartered inGurgaon, which owns, operates and invests in various internet-led products, services and technology. It is the digital arm ofThe Times Group, the largest media conglomerate in India.[1] Times Internet currently owns and operates digital products acrossnews,entertainment andclassifieds.
Through itsventure capital arm TVentures, Times Internet has invested in over 50 start-ups in the technology space such as logistics providerDelhivery, bus aggregating platformShuttl, ed-tech platformByju's, and gaming platformMPL, among others.
In its initial years, Times Internet primarily focused on digital media—handling the online versions ofThe Times Group which is owned bySahu Jain family. Some major print publications includesThe Times of India,The Economic Times,Maharashtra Times andNavbharat Times.[2]
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.[3] The company achieved success withMagicBricks, an online real estate platform launched in 2006 and iDiva, a women's lifestyle portal in 2009.[4][5]
Times Internet made a series of acquisitions—buying majority stakes in MensXP in 2012,[6]Cricbuzz, Coupondunia and Dineout in 2014,[7][8][9] Taskbucks in 2015,[10] 'The Viral Shots' and WillowTV in 2016. In 2016, it also forged a strategic alliance withHaptik, an AI-enabled chatbot service.[11] The company launched its startup accelerator, TLabs in 2012 through which it invested in upcoming digital startups like Delhivery, Pratilipi etc.
Times Internet launched new digital products—Happy Trips in 2014,[12] ET Money and NewsPoint in 2015.[13] In 2015, Times Internet launchedSamayam, a website that provides news in Tamil, Telugu andMalayalam languages.[14] In association withHDFC Bank, it launched 'Times Points HDFC Bank Debit Card', an exclusive co-branded debit card in 2016.[15] It also ventured into video streaming withBox TV Limited in 2012 but shut it down in 2016.[16]
In 2016, Times Internet built Colombia, an ad-tech network.[17]
Times Internet launched ET Insure in February 2017,[18] BrainBaazi in February 2018, and ET Prime in April 2018. It acquired 'House of God' in December 2017[19] and partnered withTencent to invest $115 million inGaana in February 2018.[20]
On 28 June 2018, Times Internet acquired MX Player, the world's largest video player for $140 million.[21] On 20 February 2019, Times Internet re-launched MX Player as a platform streaming movies, TV and web shows.[22]
On 24 April 2019, Times Internet participated as a lead investor in $35.5 million (Rs 2.50 billion) Series-A funding round ofMobile Premier League (MPL).[23]
In 2022, Times Internet sold its short video app MX Takatak toShareChat for around $700 million in a cash-and-stock transaction.[24] This was followed by the sale of table reservation platform Dineout toSwiggy in an all-stock deal valued at $120 million.[25] Later that year, it sold MensXP, iDiva and Hypp to e-commerce rollup company Mensa Brands for an undisclosed amount.[26]
In 2023, after failing to find a buyer, the music streaming serviceGaana was consolidated with another Times Group companyEntertainment Network India Limited (ENIL) for a consideration of₹25 lakh.[27]
In 2024, Times Internet soldMX Player toAmazon for around $100 million[28] andET Money to360 One WAM for₹366 crore instock swap and cash.[29]
| Product | Description | Note |
|---|---|---|
| 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 | |
| CricPlay | Cricket Fantasy App | Defunct |
| Databack | Data savings service | |
| Dineout | Table reservation service | Acquired bySwiggy |
| ET Money | Personal money management service | Acquired by360 One WAM |
| Gaana | Music streaming platform | Acquired byENIL |
| MX Player | Video player and streaming platform | Acquired byAmazon |
| Get Me a Shop | Offline to online eCommerce service | |
| Happy Trips | Travel guide and information portal | |
| iDiva | Women's lifestyle portal | Acquired by Mensa Brands |
| MagicBricks | Real estate listings and information portal | |
| MensXP | Men's lifestyle portal | Acquired by Mensa Brands |
| 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 | A TV news channel operates 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 |