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Posts Tagged ‘ ByteDance ’

Franklin PE arm sells Dailyhunt stake to China’s Bytedance for $19.2 mn

Wednesday, February 1, 2017 | More »

Dailyhunt
Franklin Templeton Private Equity Strategy has exited vernacular news aggregator Dailyhunt, selling its stake to existing investor Bytedance of China, a financial daily reported on Wednesday. Franklin Templeton PE sold its stake in Ver Se’ Innovation Pvt. Ltd, which runs Dailyhunt, for around Rs 1...

Virendra-Gupta,-founder,-Ver-Se’-Innovation2

Vernacular news aggregator DailyHunt raises $25 mn from China’s ByteDance

Ver Se’ Innovation Pvt. Ltd, which runs vernacular news aggregator DailyHunt, has raised $25 million (Rs 168 crore) in a fresh round of funding from Chinese content provider ByteDance, it said in a statement. The Bangalore-based company said Arun Sarin, former CEO of Vodafone, and existing investo...

15 October, 2016 | More »