SoftBank plans $550 mn investment in Lenskart, DailyHunt; Alibaba halts further investments in India

Team TC

Japan-based SoftBank is likely to invest $400 million in the eye-wear retailer Lenskart and $150 million in Dailyhunt. Jack Ma-owned ....

26 August, 2019

Inside the SHAREit playbook to ride India’s content wave

Payal Ganguly

Content is the new hook when it comes to cheaper data plans and cutting across language barriers. Lately, bite-sized videos have ....

13 August, 2019
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Co-working, fintech shine in slow week for tech startup funding

Vijayakumar Pitchiah

August got off on a slow note in terms of dollars deployed by investors in technology startups though deal volumes remained healthy. ....

9 August, 2019

Goldman Sachs pumps another $3 million into content aggregator Dailyhunt

Vijayakumar Pitchiah

DailyHunt, the local language content and news aggregation platform, has raised $2.98 million (Rs 21.15 crore at current exchange ....

8 August, 2019

US-based General Catalyst may participate in Cred’s Series B round: report

Binu Paul

General Catalyst Partners, a US-based venture capital firm focused on early stage and growth investments, is likely to take part ....

9 July, 2019

Dailyhunt acquires hyperlocal content platform LocalPlay

Vijayakumar Pitchiah

Native-language content and news platform Dailyhunt has acquired LocalPlay, a Bengaluru-based peer which focuses on the hyperlocal ....

20 June, 2019
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Exclusive: Sequoia-backed digital media startup Pocket Aces raises $1.35 mn from existing investors

Vijayakumar Pitchiah

Digital media startup Pocket Aces Pictures Pvt. Ltd is raising $1.35 million (Rs 9.36 crore) from returning investors Aarin Capital, ....

19 June, 2019

Saama Capital backs media startup Homescreen Network in Series A round

Kavya Kothiyal

Homescreen Network, a multilingual media production startup, said on Monday that it has raised $2 million (around Rs 14 crore ....

27 May, 2019

TikTok maker ByteDance ropes in GroupM exec to rev up India monetisation

Om Athavale

Beijing ByteDance Technology Co., developer of popular Chinese video app TikTok, has roped in media buying firm GroupM’s ....

22 May, 2019

Exclusive: Belgium-based Sofina invests $22 mn in local language content app Dailyhunt

Vijayakumar Pitchiah

Local language content and news aggregator Dailyhunt has raised $22 million (Rs 154.5 crore at current exchange rate) in a fresh ....

15 May, 2019
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SoftBank likely to back Dailyhunt; Falcon Edge may invest in Stanza Living: Reports

Vijayakumar Pitchiah

Local-language content and news aggregator Dailyhunt, owned by Bengaluru-based Versé Innovation Pvt. Ltd, is in talks to ....

15 May, 2019

Exclusive: Dailyhunt to raise $173 mn from Goldman Sachs, valuation to soar

Vijayakumar Pitchiah

Bengaluru-based Versé Innovation Pvt. Ltd, which operates local-language content and news aggregator Dailyhunt, is raising ....

5 March, 2019

Dailyhunt to receive funding from Goldman Sachs: Report

Payal Ganguly

Goldman Sachs Investment Partners, the venture capital arm of New York-based investment bank Goldman Sachs, will lead a $60 million ....

19 February, 2019

Mobile recharge firm Komparify buys iReff; Dailyhunt tops up Series E round

Dearton Thomas Hector

Komparify, a mobile recharge platform, has acquired iReff, a mobile plans app, for an undisclosed sum in an all-cash deal, the ....

17 January, 2019

Flashback 2018: Partnerships, regional content boost growth in India's OTT space

Payal Ganguly

As data prices and device costs for smartphones have fallen, India has emerged as a key market for over-the-top (OTT) content, ....

27 December, 2018

News aggregator Dailyhunt's parent sees revenue dip as it shuts off mobile VAS biz

Kavya Kothiyal

Content and news aggregator Dailyhunt’s parent reported a 1% decline in its consolidated operating revenue to Rs 113.2 crore ....

5 December, 2018

Dailyhunt banks on Bharat to fuel the content platform’s immersive video ambitions

Payal Ganguly

News and content aggregator Dailyhunt is planning on upending the entertainment industry with high-quality bite-sized video content ....

27 November, 2018

What ShareChat’s $100-mn funding round means for native language content platforms

Kavya Kothiyal & Vijayakumar Pitchiah

ShareChat, the native language social networking platform, catapulted into the big league of local consumer internet startups ....

24 September, 2018

Exclusive: News aggregator Dailyhunt secures first tranche of Series E round

Dearton Thomas Hector

Bengaluru-based news aggregator Dailyhunt, run by Ver Se Innovation Pvt. Ltd, has raised over $6 million (Rs 42 crore at current ....

3 September, 2018

Vernacular app NewsDog gets $50 mn from Tencent, others

Shweta Sharma

NewsDog, a Hindi and vernacular app founded by Chinese entrepreneurs and downloaded 10 million times on Google Play Store, has ....

22 May, 2018

Former Facebook India chief Umang Bedi joins news aggregator Dailyhunt

Dearton Thomas Hector

Verse Innovation Pvt. Ltd, which runs vernacular news aggregator and entertainment app Dailyhunt, has appointed former Facebook ....

15 February, 2018