Dailyhunt has raised $25 million in its Series D funding round led by ByteDance. ByteDance is a global digital content platform with over 138 million monthly active users of its news app Toutiao in China.
Arun Sarin, former CEO of Vodafone & existing investors of Dailyhunt – Matrix Partners India, Sequoia Capital India, Omidyar and Falcon Edge also participated in the round.
Dailyhunt has over 28 million monthly active users and over 4.5 billion page views monthly. Through its platform, it provides the widest collection of regional language content in form of news, eBooks, magazines, comics and videos.