News aggregator Dailyhunt has raised $22 million from Belgium-based investment company Sofina SA as a part of Series E round. With this, the firm’s valuation has reached $534 million.
The round seems to be a tranche of a larger $60 million round, out of which $35 million has already been raised. Goldman Sachs and SoftBank have also held conversations with the company for the same. When completed, the valuation of Daihunt is slated to reach $600-650 million. (Source)
Literature major from Delhi University, I am trying to bring in fresh and relevant perspective in the events occurring in this budding space for entrepreneurs. The time spent working towards bringing across – to our readers – transparent information regarding the companies that contribute to the growth of our startup economy is the most exciting part of being an author at Entrackr.
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