Josh by DailyHunt raises $100 million

Author: Damini Chandankar

Josh by Daily hunt raised $100 million from Qatar investment authority following which Google and Microsoft claim it a Unicorn.

The investment has come through for DailyHunt's counter on TikTok – the short video platform Josh. The news aggregator platform had launched Josh after the restriction on TikTok in India, in 12 local Indian dialects to catch the "Bharat" users, the term utilized for the following 200 million web users in India.

This will incorporate the augmentation of local language content offerings, the advancement of its content maker ecosystem, development in AI and ML and all the more significantly, creation of opportunities for India's tremendous ability pool. This investment also saw participation from Glade Brook Capital Partners, Canaan Valley Capital and existing investor Sofina Group.

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