Dailyhunt- Move Closer To Your World

How would it have the world news in your platter every day? Dailyhunt is an application that exclusively brings the world’s news within the screens of your smartphone with an app. Dailyhunt is India’s highly ranked news content application screening over 14 languages. It already has around 160 million readers. It publishes approximately 100,000 news articles each day with around 800 publication partners. Each day a million users take time to know about news from Dailyhunt and on an average, about 7 Billion minutes of service is expected to be provided each month with new users growing every day.

It is one of the most prominent technologically-specialized news provider incubated with unique machine learning abilities. The reared machine learning technologies enable curation of content and user preference so personalized content and news can be provided to the users on their usage basis. Available over different platforms like Android, IOS, and Windows, Dailyhunt is housed under their headquarters in Bangalore, India. It has changed how news is perceived among the population of India making it multi-lingual and engaging simultaneously.

Startup

As a Bangalore based startup, the Dailyhunt has scored well among the smartphone users of India, founded by ex-Nokia employees Umesh Kulkarni and Chandrashekhar Sohoni in 2009. The investors of Dailyhunt include the Matrix partners India, Sequoia, Omidyar Network, Falcon Edge and Bytendance. Together they aim at empowering the reading and discovering the content that helps to socialize and know about the happenings that enrich and entertains around the world. Overall Dailyhunt has raised a funding of around $76.5 million in over five rounds. The company holds an edge in serving the Indian market.

Revenue strategy

With the price-sensitive Indian market, the company takes various measures to grab the attention of its app users. Spanning with 200 staffs, who are almost engineers, Virendra had a sound plan in dominating the smartphone market with news provision. The news was never the same as a common man, later on.

With advancements progressively, Dailyhunt launched an in-app book store essential for a reader community. Lately, it is recorded to sell half a million books in a month! To further fund its quest for news, it has severed with several ads, whose revenues are shared with the publishers. Ads through which users buy get a fair amount of revenue to Dailyhunt as an affiliate fee.

It is evolving into a multifaceted tool in the app that comes up with various other services, for example, it is on the verge of launching the launching test prep for allowing users to prepare online for various jobs. With new ideas being brought down to day to day functions, the Dailyhunt will surely top the list of most used Indian app, proudly made by an Indian.