EnterpriseTech

Minute Media Acquires Binny Bansal-Backed VideoVerse

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SUMMARY

VideoVerse has been acquired by US-based digital media publisher Minute Media for an undisclosed amount

Structured as a cash and stock transaction, the deal marks a complete exit for VideoVerse’s investors, including Flipkart cofounder Bansal, A91 Partners, and Bluestone Equity Partners

According to Shrivastav, angel investors saw 10–20X returns, while institutional backers clocked a 60–70% IRR from the deal.

Binny Bansal-backed SaaS startup VideoVerse has been acquired by US-based digital media publisher…

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