Times Internet Limited top Indian network in Indian online space

Times Internet Ltd. (TIL) has once again proved itself as the leading player in the Indian online space. As per the latest comScore data, released for August 2010 for India, Times Internet Limited is the leading Indian internet network, in India. Times Internet limited is ahead of other internet networks like Rediff and Web 18, and comes overall seventh in India, behind networks like Google and Facebook.

Amongst the general English newspaper portals, timesofindia.com tops the chart with significant margin. timesofindia.com had 4.92 million unique visitors, while expressindia.com was at 0.95 million, followed by hindustantimes.com at 0.8 million. The 4.92 million unique visitors make 18 million visits to the site in a month, resulting in 127 million pageviews. These page views and visits numbers, are larger than any single news portal in India. Amongst the financial newspaper portals, economictimes.com remains the leader with 1.13 million unique visitors in India. In the segment of key auto portals, zigwheel.com, has emerged with maximum unique visitors in India with 1.02 million unique visitors, ahead of carwale.com at 0.85 million and gaadi.com at 0.64 million, as per comScore Aug’10 India data.

As per comScore world wide release for August, 2010, TIL stands at 15.8 million unique visitors, with timesofindia.com at 8.3 million, economictimes.com at 1.67 million and zigwheels at 1.1 milion unique visitors.

Commenting on the results Mr. Rishi Khiani, CEO, Times Internet Limited said, “We are very happy with the results. It shows that our continuous efforts to bring innovation and better value proposition are well accepted by the internet audience.”

About Times Internet Limited
Times Internet Limited is a subsidiary of The Times of India Group, the largest media company in India. Driven by its flagship brand Times of India, it has established dominant presences in Print, TV, Radio, Magazines, and Out-of-Home. Times Internet operates the Indiatimes Network, which is the leading online portal for Indians globally. For more information, visit www.indiatimes.com

Instamedia closes $4 Million Series A investment from The Times of India Group

Shimla, India (8th September, 2010) – Instamedia Network, the web's leading content network and creator of Software as a Service (SaaS) based content platform, Instapress, announced today that it has secured $4 Million in Series A funding from Times Internet Limited, a subsidiary of The Times of India Group. It comes after a year of considerable growth in audience, technology, and revenue. The proceeds of the strategic investment will help grow the company's network of writers and accelerate its technology platform development. The company also plans to launch local sites, targeting the European and US audiences, which already today drive over 60% of their traffic.

Instamedia has been at the forefront of the new media revolution by constantly evolving to match today’s substantial shift in content creation. The network runs some of the fastest growing Internet sites in verticals like lifestyle, green living and technology. In addition, its popular citizen journalism platform Instablogs has over 4 million monthly unique visitors. Together, these fifteen sites drive an affluent and passionate community and offer advertisers a great way to connect with their audience.

The in-house proprietary platform Instapress, which drives accountable and measured return on its content without compromising quality, has been one of the key drivers of its growth. Instapress implements efficient workflows to streamline collaboration between various content contributors, with objective measurement tools to track effectiveness.

The company is also launching its fully hosted content solution, called Instapress Content Server (ICS), which will allow other media networks to use the technology to drive greater ROI and performance from existing content production teams. Instapress currently powers a few popular sites of one of the India’s top media & entertainment companies.

“We are excited at the opportunity to help new, emerging media companies develop their businesses and grow the space. The entire Instamedia team has amazed us with their drive, creativity, and clarity, and we are confident that they will continue to create a large presence in the digital content ecosystem globally,” said Satyan Gajwani, Director of Business Development, Times of India Group.

“The Times Group will be a great long-term, strategic partner. They understand this space very well and bring a lot of experience and expertise to the table. We are also honored to have Satyan Gajwani join our Board of Directors. It will be a challenge for us to meet his energy and passion,” said Ankit Maheshwari, CEO and co-founder of Instamedia network.

Instamedia has recently opened its second office in Noida, a suburb of New Delhi, as they scale up operations.

About Instamedia
Instamedia is a leading content network publishing over fifteen sites in niche verticals. It is also an end-to-end provider of online media production and distribution solution for media houses through its SaaS based cloud service, Instapress. For more information, visit www.instamedia.com

About Times Internet Limited
Times Internet Limited is a subsidiary of The Times of India Group, the largest media company in India. Driven by its flagship brand Times of India, it has established dominant presences in Print, TV, Radio, Magazines, and Out-of-Home. Times Internet operates the Indiatimes Network, which is the leading online portal for Indians globally. For more information, visit www.indiatimes.com