News Corp acquired VC Circle, an online media company based in India. News Corp is a mass media company founded in 1979 and headquartered in New York City, while VC Circle was founded in 2005 and is headquartered in New Delhi, India. The acquisition will provide growth opportunities for both companies through synergies like expanded portfolios and new customers. However, News Corp has faced financial losses in recent years, so the acquisition also brings challenges from integrating the companies and competitors in the market.