Desi Hits gets $5M more for South Asia entertainment portal
Desi Hits, a company that delivers online entertainment in South Asia featuring celebrity interviews, music videos, podcasts and blogs, said it has raised $5 million in its second round of financing, from Draper Fisher Jurvetson, Trident Capital and D.E. Shaw Group.
The two-year-old company is based in San Francisco, but targets the South Asian (India) or “Desi” youth culture, and says it has more than 10 million hits per month.
“In one short year we have also… Continue Reading
Desi Hits, a South Asian entertainment portal, raises $1M
Desi Hits!, a San Francisco-based entertainment portal focused on South Asia, said it has raised $1 million in a first round of funding.
Investors included Draper Fisher Jurvetson (DFJ) and Trident Capital. It plans to deliver celebrity interviews, music videos and streaming clips, live and archived podcasts of the latest tracks by established and emerging artists, and to let users interact and host their own shows.
From the release:
The term “Desi” refers to the people or when… Continue Reading