Nex News Network - Crunchbase Company Profile & Funding

Overview

Nex News Network

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About Nex News Network

CB Rank

3088402

World’s first blockchain-integrated, AI-powered Web3 business news network

Private

51-100

www.nexnews.org/

Details

Legal Name

Nex News Network

Also Known As

Nex News Network

Operating Status

Active

Company Type

For Profit

About the Company

Nex News Network is a next-generation blockchain-enabled and AI-driven Web3 business media platform that combines immersive journalism with real-time verification. Established in 2023 by entrepreneur and content strategist Aakash Jugraj, it operates as a flagship initiative under the Shivaksh Media Group, based in Mumbai, India.

At its core, Nex

News aims to reinvent journalism by merging technology with credibility. The platform distributes news via metaverse, mobile, multilingual OTT formats, and decentralized web networks—making it a pioneer in verified, cross-format business reporting.

The foundation of Nex News was laid in 2018 when a growing wave of fake news and deepfakes began to threaten journalistic trust. Drawing from his experience in media ethics and digital disruption, Aakash Jugraj formulated a decentralized, AI-supported framework that would later become Nex News Network.

Officially launched in 2023, Nex News gained immediate traction within India's tech and business communities. Backed by Shivaksh Media Group, the platform scaled rapidly with over 47,000 syndication partners globally, deploying AI-backed newsrooms across digital and metaverse landscapes.