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India-based VerSe Innovation, the company behind news app Dailyhunt and short video app Josh, raises $100M+ at $1B+ valuation from Google, Microsoft, and others

Dailyhunt parent VerSe Innovation has raised more than $100 million funding from tech giants Google and Microsoft …

The Economic Times Vikas SN

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  • @adetolaov Tola on x
    Google & Microsoft joined $100m investment in VerSe, Indian-language rival of TikTok, valuing VerSe at over $1 billion VerSe owns Josh (77 million monthly active users with 1.5 billion daily plays) & Dailyhunt (300 million users in 14 local languages) https://www.bloomberg.com/..…
  • @tsuvik Vikas SN on x
    🚨Dailyhunt becomes the latest tech unicorn in India with more than $100 million financing from Microsoft, Google, Alpha Wave and others https://economictimes.indiatimes.com/ ...
  • @tsuvik Vikas SN on x
    Dailyhunt has been restructuring its ops to diversify to more categories including short videos, following the Indian government's requirement that digital media entities need to cap foreign investment at 26% by October 2021 https://economictimes.indiatimes.com/ ...