Dailyhunt Parent Raised $100 Million Dollars Funding

News and content aggregator Dailyhunt parent “Josh” raised 100 million Dollars Funding from AlphaWave (a unit of Falcon Edge Capital), Microsoft, and Google, which makes it India’s first Tech unicorn that focuses on vernacular content, the company claims.

What is Dailyhunt

Dailyhunt is a Banglore-based News and content aggregator application that was established in 2007 by Virendra Gupta with a motive to provide content in the local language to its readers because at that time every source of information was in the English language, and many people face problems to understand it, and now in 2021 Dailyhunt Partnered with 1300 publication houses, and providing content in 14 languages.

How Dailyhunt Raised 100 Million Dollars Funding

After the Tiktok and other short video apps ban in India, Dailyhunt officially launched its short-video app called Josh in September 2020, which is creating its user base so fast, and after this funding, Dailyhunt makes Josh app more efficient and engaging to its users by improving their content discovery and recommending algorithm better. and they also will make improvements in their content ecosystem.

After the tiktok ban in India, many other alternative apps launched in India like Chingari, Mitron, Moj, Roposo, and all of them get funded well in 2020. Which makes it clear that the audience likes to watch short-videos, and this funding will also help these apps in a better way to understand their user base to engage them well in their ecosystem.

So, What do you think is the best short video app out there, which is the best alternative to Tiktok do tell us in the comments, and if you have any suggestions or queries you can also contact us by visiting the contact us page.

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