ByteDance returned to provide $4.7m for a $23.4m round that boosted the media aggregator's overall funding to near $150m.

India-based news aggregator Dailyhunt has secured Rs 1.8bn ($23.4m) in series G funding from investors including digital media group ByteDance, Inc 42 has reported, citing a regulatory filing.

Asset management firm Falcon Edge Capital led the round with a $9.3m investment while ByteDance, investment banking firm Goldman Sachs and investment adviser Advent Capital Management each provided $4.7m.

DailyHunt operates a mobile platform that aggregates news, literary and video content according to users’ tastes. It was founded as NewsHunt in 2012…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Robert Lavine

Robert Lavine is special features editor for Global Venturing.