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Access here alternative investment news about Exclusive: News Aggregator Dailyhunt Secures First Tranche Of Series E Round
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Exclusive: News Aggregator Dailyhunt Secures First Tranche Of Series E Round

by techcircle.vccircle.com posted 2months ago 64 views
Bengaluru-based news aggregator Dailyhunt, run by Ver Se Innovation Pvt. Ltd, has raised over $6 million (Rs 42 crore at current exchange rates) in what is believed to be the first tranche of a larger Series E funding round from New York-based hedge fund Falcon Edge, documents filed with the Ministry of Corporate Affairs revealed. TechCircle estimates show that the company was valued at $335 million (Rs 2,371 crore at current exchange rates) pre-money, which is close to its valuation from its Series D investment round pegged at around $330 million (Rs 2,230 crore) then.