Tencent collars NewsDog in $50m series C

May 23, 2018 • Robert Lavine

News aggregation app NewsDog has raised funding in a Tencent-led round that included DotC United and Legend Capital.

Internet group Tencent has led a $50m series C round for India-based news aggregation app developer NewsDog, the Economic Times reported on Monday.

The round also featured Legend Capital, the venture capital firm backed by conglomerate Legend Holdings, as well as online advertising and business intelligence services provider DotC United Group and VC firm DHVC.

NewsDog, which is owned by holding company Hacker Interstellar, runs a news app available in 10 local languages which claims to have 50 million users.

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