Dailyhunt

What is Dailyhunt?

Dailyhunt, originally known as NewsHunt, is a platform that was founded in 2009 by Umesh Kulkarni and Chandrashekhar Sohoni, who were former Nokia employees.

The company, based in Bangalore, focused initially on eBooks but has since expanded significantly, especially following its acquisition by Ver Se in 2012. The key objectives post-acquisition have been to create a comprehensive platform for Indian language users, add more publishers and partners to their ecosystem, invest in tools, and assemble a team dedicated to monetization strategies.

Although initially launched as an eBook reader and mobile app, Dailyhunt has transformed into a broader content platform providing news and entertainment. They cater to a variety of interests and offer content in multiple Indian languages, aiming to connect with a diverse user base across different regions of the country. They specialize in later-stage investments and acquisitions, with a specific investment focus where they both have a minimum and maximum investment limit of 2,200,000 USD.

Their investment thesis revolves around expanding their content offerings and technological capabilities to better serve the Indian audience with localized and personalized content. On their website, they showcase a wide array of topics from news, viral videos, and entertainment, to more niche categories like health tips and horoscopes, thereby indicating their commitment to offering a diverse set of content for different audience preferences.