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DAILYHUNT PARENT COMPANY
Former Deloitte India chairman PR Ramesh joins VerSe Innovation as independent directorPR Ramesh, former Deloitte India chairman, has joined VerSe Innovation as an independent director and will chair its audit committee. He wi...- Dailyhunt parent VerSe to lay off 350 employees this month in push for profitabilityVerSe Innovation, parent of Dailyhunt and Josh, is laying off 350 employees to boost profitability and invest in AI-driven efficiencies. Th...
- New players in UPI sweepstakes; Urban Company’s IPO papersHappy Tuesday! In the longstanding UPI battle, fresh players are giving incumbents a tough fight. This and more in today’s ETtech Morning D...
- Dailyhunt parent faces audit heat; Go Digit Q4 resultsAudit firm Deloitte has raised multiple red flags over Dailyhunt parent’s internal controls. This and more in today’s ETtech Top 5.
- Hyperlocal news startup Way2News raises $14 million in funding from existing backer WestBridge, othersWay2News, a hyperlocal news platform, has raised $14 million in funding led by WestBridge Capital. The funds will help expand its presence ...
- ET explains: Dailyhunt's parent company acquires Magzter - The deal decodedThe Bengaluru-headquartered startup has introduced Dailyhunt Premium, a subscription service. This offering grants users access to premium ...
- Dailyhunt parent acquires Magzter, grows revenue from ads to subscriptionsHomegrown digital newsstand Magzter, founded in 2011 and offering a cross-platform, self-service experience, has been acquired by Dailyhunt...
- Koo says in talks for strategic partnership as Dailyhunt eyes acquisitionMayank Bidawakta announced on LinkedIn that Koo is in discussions for a strategic partnership with multiple partners. VerSe Innovation is i...
- Exclusive: Betting, gaming apps Betway, Lotus365, Fun88 continue operations, ads despite blanket banPlatforms that advertise banned apps could suffer severe penalties under the IT Rules including “loss of intermediary status and potential ...
- Dailyhunt and Josh parent VerSe Innovation to lay off 150As part of a cost-cutting exercise, the company has also cut the salaries of employees earning more than Rs 10 lakh annually by 11%.
- Tiktok parent Bytedance exits VerSe at 56% discount in secondary share saleByteDance, which first invested in VerSe Innovation in 2016, has sold its stake to the company’s existing investors– Ontario Teachers Pensi...
- Dailyhunt's parent VerSe Innovation raises $805 million led by CPPIB, valuation reaches $5 billionCPPIB has pumped $425 million investment contributing almost half of the total capital mopped up by VerSe Innovation which runs its flagshi...
- Qyuki in talks with Dailyhunt, Saregama for majority stake saleWhile stake sale talks are on, another person said the company is also open to picking up capital from financial investors if the sale does...
- ETtech Deals Digest: India minted three unicorns this weekTwo edtech startups and a cryptocurrency exchange entered the unicorn club this week.
- Dailyhunt's parent acquires AI solutions provider Cognirel TechnologiesCognirel's team of scientists will join the firm while founder Ram Prakash will head the company's newly instituted artificial intelligence...
- ETtech Deals Digest: BharatPe’s ~$1 billion valuation, Nazara' pre-IPO funding, edtech gold rushBharatPe has raised $108 million at a valuation of $900 million. Rakesh Jhunjhunwala-backed Nazara Technologies raises Rs 100 crore ahead o...
- Dailyhunt's parent raises another $100 million from Qatar Investment Authority, othersThis fundraising comes on heels of VerSe Innovation landing more than $100 million financing from Google, Microsoft and Falcon Edge’s Alpha...
- Times Group, Reliance, Airtel are India’s top app publishers: App AnnieIndia's ShareChat, Appyhigh, Dailyhunt, Inshorts, Yuvadance and Paytm also feature in App Annie’s global app rankings list dominated by US ...
- Dailyhunt is India's latest unicorn after backing from Microsoft, Google, othersThe news aggregator plans to use the funds raised to scale up its short video app Josh, and develop its content creator ecosystem.
- News aggregator Dailyhunt seen reworking structure in the wake of 26% capThe investment comes even as the company appears to be restructuring its operations in the wake of the Indian government's requirement that...
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