Pittie Group forays into digital news with Latestly
MUMBAI: Aditya Pittie’s Pittie Group has forayed into news media with the launch of a news portal Latestly. The website is currently under beta version.
A new company Latestly Media has been floated to launch the new website. The company with a paid-up capital of Rs 1 lakh was incorporated on 15 November. It has two directors Aditya Pittie and Rishab Barar.
Latestly, which is targeted at the millennials, focuses on all latest and breaking events across the globe, providing information on the trend related stories to individuals across different sub-genres such as sport, entertainment, India and world news, lifestyle, technology, automobile, social and human values, with an all-important flavor of latest trends on social media.
The website’s management team is backed by leading professionals from various industries.
It aims to provide cutting-edge content which relates to the reader where the focus is mainly on trending events, high social and viral subjects offering a variety of moods to engage users.
Latestly has a headcount of 15-50 employees.
The Pittie Group also has interests in TV broadcasting through Shubh TV and Epic TV. The two are run separately by different companies.
Pittie Group chief executive officer Aditya Pittie said, “In an ecosystem where news is made sensational to grab more eyeballs, LatestLY envisages to fill the void of accurate and relevant information, especially for the youth, by enabling them with data to curate their own educated opinions. LatestLY will focus on the What, When, Where, Who, Why and How of a trending story and help the discerning readers with a detailed analysis that goes beyond just reporting of news.”
LatestLY chief strategy officer Rahul Shrivastava added, “While other players in the space report news, LatestLY sets itself apart by also offering ancillary information that augments the story. The website will host a series of in-depth long form articles curated by in-house domain experts and guest columnists along with short-form quick information pieces around the latest trends for daily consumption.”