News and entertainment aggregating start-up NewsDog has raised $50 million in funding led by Chinese internet giant Tencent. Investors such as Legend Capital, DHVC, and Dotc United Group also participated in the funding round.
The latest round of funding will be used to create more dynamic content with localised experience and adding more regional languages to the platform, the company said in a statement. The mobile-based application already collates articles in English and 10 Indian languages, including Hindi, Gujarati, Tamil, Telugu and Marathi.
“Indian digital content industry is just getting started. Poly culture and multiple languages make content matching an incredibly hard