India: Sequoia, Omidyar back $3.5m funding in news aggregator Dailyhunt

Dailyhunt CEO Virendra Gupta (right) with his team at the Bengaluru office. Photo: Hemant Mishra/Mint

Regional language news aggregator Dailyhunt has raised Rs 24.61 crore in a Series E2 funding round amid investor interest in rapidly growing content content startups. The company faces stiff competition from Chinese news aggregators, including Tencent-backed NewsDog and Toutiao’s Helo.

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