Dailyhunt Virendra Gupta
VerSe Innovation acquires Magzter for a foray into super premium content
Launched as Dailyhunt Premium, this subscription-based offering will provide users access to premium content from international publishers in over 60 languages
 "VerSe Innovation acquires Magzter for a foray into super premium content")
Media firm Dailyhunt in advanced talks to acquire India's X alternative Koo
The deal could be finalised 'within weeks' and involves a share-swap agreement, a report released on Wednesday suggested
 "Media firm Dailyhunt in advanced talks to acquire India's X alternative Koo")
This former Facebook India head finds his sweet spot in vernacular content
Umang Bedi's firm VerSe capitalised on the ban on Chinese apps by launching 'Josh', which claims to have over 77 million monthly active users, 36 million daily users ad 1.5 billion video plays a day
 "This former Facebook India head finds his sweet spot in vernacular content")
Fight is how to migrate ad budgets from offline to online: Dailyhunt CEO
Where does Dailyhunt stand currently on traffic, revenues, capital raised and break even?We are one of the few media properties beyond Google and Facebook in India. Our combined traffic stands at 74 million monthly active users (MAUs). This includes Dailyhunt and One India (a website it acquired in 2016). Facebook at 201, YouTube at 190 and Hotstar at 68 million MAUs are the big properties out of India. We should break even (on cash flow) 12-14 months from now. (Dailyhunt's investors include Matrix Partners India, Sequoia, Omidyar Network, Falcon Edge and Bytedance. According to reports in February 2017 when Franklin Templeton Private equity exited Dailyhunt it was valued at ~2,100 crore).Of the 74 million MAUs, how many are from outside of India? About 10-15 per cent. What do you notice on consumption patterns? About 63 per cent of our readers are between 18 and 35 years old, 87 per cent are graduates and postgraduates. Between 55 and 60 per cent of them read us on a smartphone ...
 "Fight is how to migrate ad budgets from offline to online: Dailyhunt CEO")
