Gurugram-based digital news and media platform NewsBytes has raised $1 million in a Pre-Series A funding round. The investment was led by Germany-based MM Inno GmbH, an investment company of Mueller Medien, along with the US-based Powerhouse Ventures and other investors. As a part of this deal, Peter Kabel, the Founding Partner of AECAL.de would also join the board of the startup. The funds will be utilised to expand technology team, support growing footprint, establish the Hindi and other vernacular desks, and venture into video based content.

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