Technology is no less than a blessing in today’s time, and if used properly, it can work beyond our imaginations and limits. Modern mobile applications – one of the supreme technological inventions are remodeling our lives at large. No matter if it’s about traveling, shopping, live-streaming, or even knowing the latest news, a mobile app can perform miracles for you.

Gone are those days when people used to wait for newspapers in the morning to know the latest news. Now, you can access news content at a single tap from anywhere at any time with flexibility and convenience. All you have to do is download a news app on your smartphone. What’s more, you can even personalize the app according to your preferences, like regional, international, political news, business news, weather updates, sports, entertainment, finance, etc. – read whatever you like!

Apps like Dailyhunt, Flipboard, CNN, Apple News, Feedly, and Inshorts are among the top picks of people who want to cut to the chase and stay updated about current events. 

Businesses are now seeking to grab opportunities for mobile app development that cater to the demands of the modern generation.  

Here, in this blog, we will be exploring one such news app – Dailyhunt, its fundamentals, business model, and how can entrepreneurs build an app like Dailyhunt.

So, let’s start!

What is DailyHunt?

Dailyhunt is a popular Indian news aggregator and content application headquartered in Bangalore. Formerly known as Newshunt at the time of launch in 2010, it offers news articles in various local languages, catering to a diverse audience. The company’s mission is to provide a platform for more than a billion Indians to discover, consume, and share content that informs, enriches, and entertains them.

Previously, Nokia employees developed the app which was later acquired by Verse Innovations’ founder. The app was then renamed Dailyhunt during its peak popularity. Unlike many other platforms, Dailyhunt allows users to share information in their preferred language, making it accessible to a wider audience.

Since its inception, Dailyhunt has gained immense popularity, boasting over 350 million monthly users and generating revenue of around $127 million in 2022. It is currently led by CEO Virendra Gupta and President Umang Bedi.

Business Model of Dailyhunt

Dailyhunt Group offers a range of services divided into three main categories. One key feature is its provision of content in regional languages. It acts as a news aggregator through Dailyhunt and also owns Greynium Technologies, which hosts platforms like CareerIndia, OneIndia, Boldsky.com, and Gizbot. Additionally, it has launched Josh, a short video-sharing platform similar to TikTok.

All of these platforms provide content in local languages. Dailyhunt offers content in 14 languages, Josh in 12 languages, and other platforms in 9 languages. The group boasts a vast network of content providers, including 100,000 partners and creators producing 250,000 news pieces daily in 14 languages.

Unique Aspect of Dailyhunt’s Business Model

Dailyhunt’s business model stands out due to its focus on providing content in local languages, distinguishing it from global competitors like Instagram and Facebook. By concentrating on the Indian market and catering to regional language preferences, Dailyhunt has established a strong position in the industry.

The Target Audience of Dailyhunt

Dailyhunt primarily targets millennials aged 25-34 but also aims to reach all major population segments in India, including those in rural areas. Its focus on providing content in regional languages appeals to a broad audience across the country. 

Competitors of Dailyhunt

While Dailyhunt faces competition in the news industry, its provision of content in various languages sets it apart. Major competitors include Google News, Flipboard, Inshorts, Briefing, and Feedly. However, Dailyhunt’s emphasis on regional language content gives it a unique position in the market.

Major Features of A News App Like Dailyhunt

Admin Panel

Login

This is the first step for both users and admins to access the news app. Admins use their provided credentials to sign in and manage the app.

Add Content

The quality of content is crucial for any app. Admins ensure that only high-quality and engaging content is added to the app to keep users interested.

Push Notifications

In news apps like Dailyhunt, notifications are necessary. Admins can send important updates, news, and offers to users through push notifications. This helps in retaining users and keeping them informed.

Live Streaming

With such a feature, admins can broadcast real-time stories through the app, enhancing its value and keeping users engaged with the latest news.

Enabling Surveys

Admins can gather user feedback and opinions through surveys. This helps in understanding user preferences and trends better.

Control Ads

The ad control feature can help admins monitor and manage advertisements within the app to evaluate their performance. This feature aids in optimizing ad revenue and user experience.

CMS Manager

This feature allows admins to manage all content posted on the app, including news articles and blogs, from a centralized platform. It simplifies content management and provides insights into app activities.

Offline Solution

Admins can enable offline access to the app, allowing users to browse content even with low data connectivity. This enhances user experience and increases app usage.

User Panel

Register

To access the news app, users are required to register first. They can register using various options such as email ID, social network accounts, or contact number, providing convenient access to the app.

Search News

This feature allows users to search for specific news articles by entering keywords. It enhances user experience by providing a quick and efficient way to find relevant news content.

Mark Favorites

Users have the option to mark their favorite articles for easy access later. This feature allows users to curate their own reading list and revisit their favorite news pieces whenever they want.

Pop-Up Notifications

Pop-up notifications keep users updated about current events and news. Users receive timely alerts, ensuring they stay informed even when not actively using the app.

Real-Time News

This feature continuously refreshes and displays the latest news and events. Users can stay up-to-date with breaking news and trending topics.

Advanced Filters

Advanced filtering categorizes news into various topics such as local events, international news, business, lifestyle, etc. This allows users to customize their news feed based on their interests.

Sharing Feature

Users can share important news or articles across multiple social media platforms like Twitter, Facebook, or Instagram directly from the app. This promotes engagement and facilitates sharing among friends and followers.

Media Compatibility

In addition to text-based news, the app also supports multimedia content such as images, videos, and interactive elements. This enhances the user experience and makes the news more visually appealing and engaging.

How to build an App like Dailyhunt?

Step 1 – Focus on Business Idea & Requirements:

Begin by deciding the type of news app you want to create: a news aggregator app like Dailyhunt that covers various global events, or a news app portal that integrates with existing social media platforms. For a successful app, consider adding news categories such as political events, weather conditions, local events, music festivals, crime reports, etc.

Step 2 – Implement A Monetization Strategy:

To generate revenue from your news app, implement a monetization strategy. Options include:

• Freemium Model: Offer basic features for free and provide a premium version without ads.
• In-App Advertising: Display ads within the app, but be cautious to maintain a positive user experience.
• Promotional Events: Organize events or debates related to social issues to engage users and attract sponsors.
• Consider the cost associated with each monetization model when planning your app development.

Step 3 – Hire a Mobile App Development Company:

For professional development, hire a reputable Android or iOS app development company. Ensure the team includes experts such as project managers, business analysts, UI/UX designers, iOS and Android developers, and QA testers. Check their portfolio and experience before making a decision.

Also read: From Idea to Launch: How Mobile App Development Companies Bring Concepts to Life? 

Step 4 – Understand Different Stages of Development:

Engage in the news app development process, which typically involves:

• Requirements Gathering: List the features and functionalities needed for your app.
• Coding: Write clear and concise code to bring your app to life.
• Prototyping: Create prototypes, including wireframes, to visualize the app’s design.
• Design: Focus on creating an attractive and user-friendly interface.

Be attentive to each stage as they all contribute to the overall cost and success of your news app.

Following these steps will guide you through the process of creating a successful news app like Dailyhunt. Whether you’re a professional or utilizing the services of an software development company, attention to detail is key.

How Does Dailyhunt App Make Money?

News apps like Dailyhunt earn money majorly through ads and promotions. However, in the financial year 2019-20, the company was able to boost its revenue by 100% every year even in the times of pandemic. Not only that, but the focus of the app was on raising funds and had multiple funding cycles. 

In the year 2020, Dailyhunt back its name as the Unicorn Startup in India. The company has received funding many times while also earning revenue through eBooks and magazines. Anyone can read the news on the Dailyhunt app absolutely for free and download it by making a small payment for it. 

How much does it cost to build an app like Dailyhunt?

There’s no exact figure that can be fixed as the development cost of an app like Dailyhunt unless you have the list of features and other aspects ready to count the cost for. The development cost of a mobile app also depends on the factors and demographics you opt for development. The approximate cost to build an app like Dailyhunts ranges somewhere from $30k to $35k. If you want to develop an app that does not make a hole in your pocket, research the tips that can help you reduce the mobile app development cost.

Main features that affect cost: 

1. Features
2. Development Platform
3. Tech Stack & Resources
4. App Design 
5. Time Required

Final Words

News apps have become increasingly popular, bridging gaps between people of all ages. Dailyhunt, a leading news app, caters to busy individuals who seek quick updates without relying on traditional newspapers.

Developed by a proficient mobile app development company, Dailyhunt offers a seamless user experience, delivering timely global news. For aspiring entrepreneurs, the news app market presents lucrative opportunities.

To begin this journey, brainstorm unique ideas for your news app and enlist the expertise of a mobile app developer. Their guidance and skills will transform your vision into a profitable reality. Don’t hesitate any longer; seize the chance to develop your news app today.