Dailyhunt picks up stake in OneIndia for Rs 15 crores

Verse Innovation, the company which operates the content aggregation app ‘Dailyhunt’, has picked up a minority stake in the news site, OneIndia. While the deal will help Verse leverage its distribution platform to offer multimedia content, OneIndia will expand into several genres and create short format video and audio content.

Written by Shaik Zakeer Hussain

Shaik Zakeer Hussain is a former Sr. Correspondent at NextBigWhat. You can get in touch with him here: linkedin.com/in/shaikzakeerhussain or follow him here: twitter.com/zaknetic.