Omidyar Network Backs India-based Newslaundry (Asia)

Source: Newslaundry  |  Author(s): Abhinandan Sekhri

Philanthropic investment firm Omidyar Network has invested in India-based digital media platform Newslaundry. A number of individual investors have also participated in the round. Newslaundry will use the new capital to expand its team. Financial details of the transaction were not disclosed.