Dailyhunt in early talks to raise funds from SoftBank
Regional language news aggregator Dailyhunt is in initial talks with Japan’s SoftBank to raise more than $150 million. If this transaction goes through, it will mark SoftBank’s first independent investment in the content space, which has seen several start-ups coming up over the past few years. SoftBank’s recent investments include leading a $413 million round in logistics company Delhivery and $60 million in grocery start-up Grofers. SoftBank’s interest in the Indian regional content space comes at a time the start-ups [...]