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Startup Deep Dive : ScoopWhoop — bought for Rs 100 crore, resold for a fifth four years later

The Invincible India Startup Deep Dive featured graphic for ScoopWhoop.

In 2021, Good Glamm Group paid ₹100 crore ($10.4 million) for ScoopWhoop, one of India’s first homegrown viral-content publishers. Four years on, Good Glamm sold the same company for ₹20 crore — a fifth of what it paid — to a seven-year-old meme-marketing agency few outside advertising circles had heard of.

ScoopWhoop was started in 2013 by six advertising professionals who thought India needed its own BuzzFeed. It grew into a listicle-and-video publisher with tens of millions of monthly readers, survived a sting operation and a #MeToo-style scandal that forced its co-founder and CEO to resign, and ended up as one small, mostly forgotten line item inside a beauty conglomerate’s collapse. Its story is less about a media company than about what happens to a content business once it stops being run by the people who built its audience.

Quick facts

Company ScoopWhoop (Scoopwhoop Media Private Limited)
Founded 14 August 2013 (first post); incorporated 26 November 2013
Founder(s) Sattvik Mishra, Rishi Pratim Mukherjee, Sriparna Tikekar, Saransh Singh, Suparn Pandey, Debarshi Banerjee
Businesses ScoopWhoop.com, ScoopWhoop Hindi, Vagabomb, ScoopWhoop Unscripted, Ok Tested
Latest FY revenue ₹10.2 crore, FY23 (down about 47% year-on-year)
Latest FY profit/loss Loss widened; reported profit fell roughly 147% year-on-year in FY23 (absolute rupee figure not disclosed)
Listed Private; never listed
Market value / last valuation Bought for ₹100 crore in 2021; resold for ₹20 crore in February 2025 (no independent valuation published since)
Key shareholders / owner WLDD (Wubba Lubba Dub Dub), since February 2025; previously The Good Glamm Group (2021–2025)

What they do

ScoopWhoop makes pop-culture and lifestyle content for young, English- and Hindi-reading Indians — listicles, opinion pieces, quizzes and short video — distributed mainly through social platforms rather than a destination homepage. Its readers are the product it sells twice: once as an audience for display and native advertising, and once as a testing ground for brands that pay ScoopWhoop’s in-house creative team to build “branded content” designed to be shared. Under five-plus years of different owners, its verticals have included ScoopWhoop.com (English), ScoopWhoop Hindi, Vagabomb (women’s lifestyle), and two YouTube-first shows, ScoopWhoop Unscripted and Ok Tested.

The origin

The idea came together over an Independence Day weekend in August 2013, when a group of friends from Delhi advertising agencies — most of them Indian Institute of Mass Communication graduates who had worked together at Webchutney, with one from McCann Erickson — noticed that BuzzFeed-style viral content was thriving in the US and had no real Indian equivalent. Sattvik Mishra, then a copywriter rising to associate creative director at Webchutney, Rishi Pratim Mukherjee from client servicing, and copywriter Sriparna Tikekar conceived the idea; Saransh Singh, Suparn Pandey and Debarshi Banerjee joined as co-founders. Their first post, about a Hindu lesbian wedding, drew more than 500,000 views in a day. A second piece — “If Game of Thrones were made in India” — went viral too, and within two months the site had crossed five million unique users. What began as a side project run alongside day jobs at an ad agency turned into a full-time company by the end of 2013, run out of a farmhouse in Delhi.

The struggle years

The company’s first real credibility problem came in February 2015, when, several months after taking ₹10 crore from Bharti Softbank, ScoopWhoop hired Reuters and Hindustan Times veteran Anuja Jairath as editor-in-chief and pushed to be taken seriously as a news operation rather than a listicle mill — an acknowledgement that virality alone was not a durable business. The bigger reputational blow came in March 2018, when investigative outlet Cobrapost’s “Operation 136” sting recorded ScoopWhoop personnel discussing running paid political content disguised as editorial coverage in the run-up to state elections, alongside several other Indian publishers caught in the same sting. The company denied wrongdoing, but the episode fed a wider perception that native advertising at speed-and-scale digital publishers blurred the line between journalism and paid promotion.

The most damaging setback came after ScoopWhoop had already been bought by Good Glamm Group. In February 2022, Samdish Bhatia, a former anchor on ScoopWhoop’s video vertical Unscripted, publicly accused co-founder and CEO Sattvik Mishra of sexually assaulting him in October 2021, days after the two had discussed a business matter into the early hours of the morning. Bhatia said he had filed an internal complaint at the time and later moved to court accusing Mishra, and separately his wife of abetment. Mishra denied the allegations and filed an extortion case in response. On 8 February 2022, he resigned as CEO citing personal reasons, and co-founder Rishi Pratim Mukherjee took over as interim chief executive — a leadership rupture at the exact moment the company needed stability inside its new, much larger corporate parent.

The turning point

The single event that defined ScoopWhoop’s second decade was its sale to The Good Glamm Group in 2021. Before the deal, ScoopWhoop was an independent, moderately funded media company that had taken in roughly $8 million across five rounds since 2013 — modest by the standards of India’s venture market, and never enough to fund a decisive scale-up in video or Hindi content on its own. Good Glamm, then riding a wave of “content-to-commerce” enthusiasm and flush with more than $350 million raised from investors including Prosus, Accel and Bessemer Venture Partners, paid ₹100 crore ($10.4 million) for it, betting that ScoopWhoop’s mostly male-skewed audience would help the beauty-focused group cross into men’s personal care.

The bet did not pay off. Good Glamm’s own house-of-brands strategy collapsed over 2023 and 2024 under the weight of its acquisitions, reporting a consolidated loss of about ₹917 crore for FY23, and by early 2025 it was selling assets to cover unpaid vendor and employee dues. On 22 February 2025, Good Glamm confirmed it had sold ScoopWhoop to WLDD (Wubba Lubba Dub Dub), a Bengaluru-based creator-marketing firm, for about ₹20 crore in an all-asset deal that left Good Glamm’s liabilities behind. ScoopWhoop had gone from independent publisher, to ₹100 crore acquisition, to a ₹20 crore fire-sale — roughly a fifth of its purchase price — in under four years.

The money behind it

How it makes money

ScoopWhoop was never a subscription or paywall business; it sold attention to advertisers in two forms.

The part outsiders usually get wrong is treating a “viral” media company as a low-cost business. ScoopWhoop’s real cost line was people: a content and video team that reportedly ran to roughly 150 staff at its mid-2010s peak, before contracting to around 36 employees by January 2025 under two changes of ownership (Inc42; Tracxn) — a shrinkage that tracks almost exactly with the collapse in its revenue and its fall from independent company to fire-sale asset.

The numbers

ScoopWhoop’s detailed financials are not public in the way a listed company’s are; what is available comes from its Registrar of Companies filings as compiled by corporate-data platforms Tofler and TheCompanyCheck. The clearest verified data point is for the year Good Glamm owned it outright:

Metric (₹ crore) FY22 FY23
Revenue Not independently verified this session 10.2
YoY revenue change — down about 47%
Profit/loss direction — loss widened; reported profit down about 147% YoY
Net worth, YoY change — down about 76.9%

Two independent trackers of the same RoC filing (Tofler and TheCompanyCheck) agree on the FY23 revenue figure and the direction of the decline, so it is treated here as reliable. FY22’s absolute revenue and FY24 filings could not be verified from public sources this session and have been left out rather than estimated. A separate financial-data aggregator (Tracxn) lists a “₹500–1,000 crore” annual revenue band for ScoopWhoop that is inconsistent with the RoC-filing figure by roughly fifty times; that figure looks like a broad estimate bucket rather than an actual filed number, and has been excluded here in favour of the audited-filing-derived figure.

Where the money comes from

ScoopWhoop never published a formal geography or revenue split by vertical, but its audience and content mix were consistently spread across a handful of properties:

The surprise, in hindsight, is that the audience Good Glamm most wanted — a mostly male readership it hoped would justify a men’s personal-care push — is the same trait it later cited as the reason the asset no longer fit a beauty-focused portfolio, when it sold ScoopWhoop on in 2025 (Afaqs).

The risks

The takeaway

ScoopWhoop’s audience-building years and its ownership years are almost two different stories. The founders built a real distribution business from nothing — five million users in two months, a ₹40 crore valuation within a year of launch, tens of millions of monthly video views by year three — using little capital and a lot of editorial instinct. What it could not survive was becoming a strategic afterthought inside someone else’s growth story: bought for a narrative about cross-selling to men, then sold once that narrative stopped being convenient. The lesson is not really about media economics; it is about what happens to a founder-built audience once the decision-makers no longer answer to that audience at all.

Frequently asked questions

Who founded ScoopWhoop and when?

Six advertising professionals — Sattvik Mishra, Rishi Pratim Mukherjee, Sriparna Tikekar, Saransh Singh, Suparn Pandey and Debarshi Banerjee — started ScoopWhoop as a blog on 14 August 2013 and incorporated Scoopwhoop Media Private Limited on 26 November 2013.

Is ScoopWhoop still owned by Good Glamm Group?

No. Good Glamm Group, which bought ScoopWhoop for about ₹100 crore in 2021, sold it to Bengaluru-based marketing firm WLDD (Wubba Lubba Dub Dub) for about ₹20 crore in an all-asset deal announced on 22 February 2025.

How did ScoopWhoop make money?

Mostly through native and branded content built for advertisers to look shareable rather than like a conventional ad, supplemented by standard display advertising and YouTube ad revenue from shows such as Unscripted and Ok Tested.

What happened to ScoopWhoop’s CEO Sattvik Mishra?

In February 2022, former ScoopWhoop Unscripted anchor Samdish Bhatia publicly accused Mishra of sexual assault. Mishra denied the allegations and filed an extortion case in response, and resigned as CEO on 8 February 2022; co-founder Rishi Pratim Mukherjee became interim CEO.

What is ScoopWhoop worth today?

No independent valuation has been published since its February 2025 sale to WLDD for about ₹20 crore. Its most recent verified financials show FY23 revenue of ₹10.2 crore, down roughly 47% year-on-year, per RoC filings.

Sources

Figures are as of September 2026. Currency converted at $1 ≈ ₹96.0 as of 18 September 2026 (Trading Economics).

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