India: NewsDog in funding talks with Tencent to raise up to $40m

Tencent
Visitors use their smartphones underneath the logo of Tencent at the Global Mobile Internet Conference in Beijing May 6, 2014. REUTERS/Kim Kyung-Hoon/File Photo

News and entertainment content aggregator NewsDog is in talks to raise $35-40 million from Tencent Corp. and others as start-up investors look for content providers that can attract a large user base online, three people familiar with the matter said.

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