Goldman hedge fund may invest $173m more in India's Dailyhunt: Report

Image sourced from company's website

Vernacular news aggregation platform Dailyhunt is in the process of raising $173 million in a fresh round of funding from New York-based investment bank Goldman Sachs’ hedge fund, VCCircle reported.

Of the $173 million, the company has already secured $35.05 million, the report added citing latest filings with the ministry of corporate affairs. The round is expected to value Dailyhunt at $600-650 million, it added.

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