The $200 million that it has attracted in under two months indicates a broader revival of interest in made-in-India apps.
You can always update your display preferences in Settings menu
It’s the kind of announcement that makes everyone—investors, rivals, and the press—sit up and take notice.
Earlier this week, news aggregator Dailyhunt’s parent announced that it had raised $100 million in funding. This comes just over a month after it raised a similar sum of money. But it’s not just about the money. The company, Verse or Ver sé or Ver se Innovation (depending on the document you look at), now counts the likes of Google, Microsoft and Qatar Investment Authority as its key investors.
There is no other way to say this. The sum involved is big and the names are impressive. There are a lot of digital and social companies in India right now that would kill for even half that money. For a company that has been in the news aggregation business for years and is now looking to reinvent itself with a new pitch, this fundraise is as good as it gets.
A few months ago, we looked into Dailyhunt’s business and its many efforts to find a direction
What our readers say
Why subscribers love The Morning Context
Research ideas don't come from a vacuum. The best ideas come from a spark, a contrarian take, an uncommon investigative insight, and one doesn't always get these from traditional media. TMC consistently makes me think about things in different ways, and I've frequently shared TMC articles with collaborators and students. Staying at the cutting edge is hard enough; TMC makes it much easier.
Rohit Chandra, Assistant Professor - School of Public Policy (IIT Delhi)
High quality, independent journalism is rare to find. The Morning Context set really high standards that make me wait for each story.
Abhay Pandey, Managing partner, A91 Capital
Well-written and researched long form reads on a wide variety of topics and a team of veteran journalists - all of this makes my subscription worth it.
Anupam Gupta, Investment research consultant
In today's very noisy and cluttered world, I like that the Morning Context goes below the surface of company PR to deliver fact-based stories on Indian business.
Jessie Paul, CEO, Paul Writer
The Morning Context is my daily opportunity to get smarter about one new company/sector. Discerning analysis, unbiased and approachable.
Miten Sampat, Angel investor & former CSO, Times Internet
In today's polarized world, authentic and unbiased facts are in short supply world over. The Morning Context is a refreshing approach towards truthful, well researched, fearless, and high-quality articles on contemporary topics.
N S Parthasarthy, Co-founder, Mindtree
In a world full of noise, The Morning Context is the calm that stimulates and energises your mind, with stories focused on fact, truth and dogged reportage.
Nikhil Taneja, Co-founder and CEO, Yuvaa
Although it’s a paid subscription, the kind of detailed research and quality of reportage makes it worth every rupee. It’s strength surely lies in having some of the finest journalists writing for it.
Shiladitya Bora, Producer, distributor and founder at Platoon One Films
As one of the early subscribers, I've had the opportunity to witness how quickly the team has grown, the variety of angles covered, and the research in every in-depth story and op-ed.
Amarjit Batra, Managing director, Spotify India
Become a TMC member
Sign up now and get access to our starter collection for free.
SIGN UP
Follow us on
©2021 Slowform Pte Limited
68 Circular Road, #02-01, 049422, Singapore