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VERSE INNOVATION FUNDING
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...- Builder.ai-Dailyhunt fake sales: All you need to know about the “round-tripping” scandalRound-tripping involves transferring money between companies without any genuine exchange of goods or services — the only aim being to infl...
- 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...
- Dailyhunt parent VerSe’s internal controls inadequate, says Deloitte auditDeloitte has flagged internal control deficiencies at VerSe Innovation that could potentially lead to material misstatements in aspects suc...
- DailyHunt parent VerSe acquires digital marketing solutions firm ValueleafVerSe Innovation, parent company of DailyHunt and short-video platform Josh, acquired digital marketing solutions company Valueleaf in a ca...
- Microblogging site Koo in talks for acquisition by VerSe InnovationKoo’s cofounder Mayank Bidawakta stated in a LinkedIn post that the microblogging platform was in discussions with “multiple partners” for ...
- 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...
- 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%.
- Dailyhunt is going global by expanding into Middle East, North Africa marketsMedia executive Shekhar Iyer has been appointed director and general manager of VerSe Innovation, Middle East and North Africa (MENA).
- ShareChat parent raises $255 million from Google, Times Group, others; valuation jumps to $5 billionExisting backers like Temasek also participated in the latest round, which comes at a time when investors have become skittish amid a fundi...
- 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...
- ETtech Deals Digest | VerSe Innovation, Fetch Rewards, Nord Security raise fundsVerSe Innovation, the parent firm of online news aggregator DailyHunt and short-video platform Josh, signed definitive documents and raised...
- 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...
- Totality Corp raises Rs 13.5 crore from Institutional InvestorsWith Web3 gaming evolving, Totality Corp. is building ZionVerse, a Metaverse platform based on Indian mythology that would combine monetary...
- Dailyhunt parent gets $450 million in new funds as valuation doublesThe round, which is largely a primary fundraise, includes a small portion of secondary share sale where some early investors have partially...
- VerSe Innovation acquires photo, video sharing app VebblerVebbler’s acquisition will bring artificial intelligence-based neural art filters and other creative tools to Josh, the short-video app own...
- 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...
- 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.
- Sequoia Capital India, others invest Rs 100 crore in Verse InnovationThe investment comes at a time when increasing proliferation of budget smartphones is boosting demand for regional language content.
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