Local language app Dailyhunt raises mn in Series D led by Chinese company ByteDance

The local language app, Bengaluru-based Dailyhunt, today raised $25 million in Series D funding led by ByteDance, a global tech company operating content platforms worldwide. Existing investors, Matrix Partners, Sequoia Capital India, Falcon Edge, Omidyar and former CEO of Vodafone, Arun Sarin, participated in this round of funding. Speaking of the investment, Virendra Gupta, Founder and CEO of Dailyhunt, said that they look to learn from the ByteDance team on personalisation and large-scale machine learning to continue offering a unique user experience. Virendra Gupta -Founder and CEO Dailyhunt He said, “We are focussed on ensuring that our audiences get a great personalised experience when they come to the platform. We, therefore, will be using the funding to ensure that we incorporate machine learning into our product. We will also be focussed on…


Link to Full Article: Local language app Dailyhunt raises mn in Series D led by Chinese company ByteDance