Indian startups continue to attract investor attention. Dailyhunt has raised additional $3 million from Cayman Islands-based Stonebridge while iDreamCareer (iDC) has raised an undisclosed amount from edLABS.
Stonebridge backs Dailyhunt
This bring the Bengaluru-based startup’s Series F funding round to $25 million.
In May, Dailyhunt secured about $22 million in Series F funding from Belgium-based investment fund Sofina (Advent Management). It recently also acquired Bengaluru-based hyperlocal video content and news content platform, Local Play, for an undisclosed amount.
edLABS invests in iDreamCareer
edLABS is part of Gray Matters Capital, an impact investor focused on the education and skilling sector.
“The funding made by our edLABS initiative is aimed at improving the learning outcomes of educational courses by mapping student abilities with courses suitable for them, which, in turn, would help in boosting their future employability prospects,” said Srinita Mitra, Portfolio Manager, Gray Matters Capital edLABS.