India’s NewsHunt App Nearly Outflips Flipboard, Hits 10 Billion Page-Views

India’s NewsHunt App Nearly Outflips Flipboard, Hits 10 Billion Page-Views

June 28, 2013

by Steven Millward0

newshunt

India’s top homegrown news reader app has hit 10 billion page-views, the startup revealed today.NewsHunt was launched in June 2009 and hit the five billion milestone last October. Available on iOS, Android, Nokia, legacy BlackBerry, and generic JAVA phones, NewsHunt is also very inclusive in terms of languages and content, supporting 99 newspapers in 11 languages. All of that means NewsHunt has nearly outflipped Flipboard in terms of the number of stories read within the app. Well, Flipboard is currently seeing three billion new flips per month, which is a massive number the Indian startup app cannot yet surpass. But it’s admirably close, adding just under one billion each month. NewsHunt, explains the NextBigWhat blog today, supports the country’s top papers, such as The Hinduand India Express, and that has helped to attract about 6.5 million monthly active users. It also supports a lot of regional newspapers in their respective languages, and that’s proving a particularly big draw for users around the country. The Indian startup explains that each user spends about 121 minutes per month on NewsHunt, and claims that’s greater than the monthly average time spent inside Flipboard (86 minutes).

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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