News Aggregator HubHopper Raised Funds For Expansion
A Delhi-based news aggregator platform ‘HubHopper’ has reportedly secured an undisclosed amount in a funding round led by Unit-E Ventures which is a Mumbai-based venture capital firm.
The company is planning to utilize the funds in the expansion of its team and also to enhance work on its recommendation space. A part of funds will also be used in redemption and aggressive marketing plans.
HubHopper was launched by two brothers names Gautam and Uday Raj Anand in 2015. The company was initially started as a social networking company and gradually emerged as a content aggregation and publishing platform in 2017. This was basically done to reduce the gap between the content consumers and content creators.
Talking about the investment part, prior to this funding round, HubHopper had ra...