San Francisco - Desi Hits, a South Asian entertainment portal that features celebrity interviews, music videos, podcasts and blogs, announced on Tuesday that it has raised $5 million in its second round of financing, from Draper Fisher Jurvetson, Trident Capital and D.E. Shaw Group.

San Francisco - Desi Hits, a multimedia entertainment portal focused on South Asian pop culture, announced that it has raised $1 million in its first round of venture capital financing, led by Draper Fisher Jurvetson and Trident Capital.