Dailyhunt sets up base in Dubai, unfolds plans for the region

Dailyhunt sets up base in Dubai, unfolds plans for the region

Plans are afoot to expand to all the six GCC countries

The lack of AI-driven content discovery platforms in the region opens a whole new world of opportunities for the content startup, says Umang Bedi, co-founder of VerSe Innovation — the parent company of Dailyhunt. — Supplied photo

Published: Thu 23 Jun 2022, 9:16 PM Last updated: Thu 23 Jun 2022, 10:02 PM

Dailyhunt, India's leading vernacular language content discovery platform powered by VerSe Innovation, has announced its global expansion plans.

VerSe Innovation, which is valued at $5 (Dh18.37) billion, has set up an office in Dubai whilst rolling out its offerings in all the six Gulf Cooperation Council (GCC) countries, including the UAE, the Kingdom of Saudi Arabia, Bahrain, Oman, Qatar, and Kuwait.

Plans are afoot to expand in the wider Middle East and North Africa (MENA) region as well.

The foray into the GCC market comes on the back of Dailyhunt’s success in India, where one in every two internet users is on its platform. Data shows that 350 million users access Dailyhunt for their daily news and content needs.

Umang Bedi, the co-founder of VerSe Innovation, who had earlier served as the Managing Director (MD) at Facebook India, weighed in on how the content