RP Sanjiv Goenka Group takes over 51% majority stake in Editorji
Vikram Chandra, Founder of the online news platform, will continue to be the MD
RP Sanjiv Goenka Group has acquired a 51% majority stake in Editorji, the online news platform.
Founder Vikram Chandra said in a tweet that he will continue to be the MD while Airtel/HT will remain investors.
I'm delighted to announce that the RP Sanjiv Goenka Group has acquired a 51% majority stake in @editorji! I'll continue as MD and Airtel/HT as investors. I launched Editorji in 2018 to try to reshape video news. The product is ready -@RP_SanjivGoenka will scale it significantly!
— Vikram Chandra (@vikramchandra) July 15, 2020
According to media reports, Sanjiv Goenka, Chairman, RPSG, has said that his group were working on starting a digital news venture and hence Editorji appeared to be a “readymade opportunity”.
The RP-Sanjiv Goenka Group recently forged a deal with Fortune Media Group, the publishers of Fortune Magazine, to publish Fortune in India.