News and entertainment content aggregator NewsDog has raised an undisclosed amount of Series C+ funding round from Vision Plus Capital. The development comes a few weeks after it announced a $50 million funding led by Tencent in May 2018.
NewsDog is based in China with focus on India. It has been known for its advanced machine learning capabilities that enable a personalised content feed for users, in line with their preferences. The company was founded by Forrest Chen and Maggie Ma.
The firm claims to have over 60 million users in India, and its app supports 10 different local languages. NewsDog currently has two offices in India, in Pune and Gurugram. It is planning to open more offices in the major cities of India as an expansion of its growing operation and tech team. It also expects to add more Indian talent.
Speaking of the investment, NewsDog founder Forrest Chen said,
We strive to provide intriguing and localised contents to Indian users according to their preference instead of simply aggregating news from different sources. And we are looking for more product upgrades in the future.
Vision Plus Capital was founded by Yongming Wu, co-founder Alibaba Group Holding Limited and served as its President since January 2013.
In the space of digital content in India, NewsDog competes against Alibaba Group-owned UC News which made its entry in India in June 2016, Bengaluru-based DailyHunt, as well as Inshorts, PIPES, the GSF backed Newsbytes, Way2News, and The Quint among others.