Regional language news aggregator Dailyhunt, which has been in funding talks for a while now, is raising about $22 million (Rs 156.06 crore) in a Series F round of financing from Belgium-based investment fund Sofina (Advent Management).
According to the company’s filings with the Registrar of Companies (RoC) sourced by paper.vc, Sofina is subscribing to 1,26,999 Series F non-cumulative, mandatorily and fully convertible preference shares of the company. It is also acquiring 100 Series F equity shares of Dailyhunt.
