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VERSE INNOVATION VALUATION
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.- Which engineering, MBA colleges produced maximum number of India's top 200 self-made entrepreneursThe 2024 edition of India’s Top 200 Self-Made Entrepreneurs highlights the educational institutions that shaped the nation’s top innovators...
- Amazon in q-comm queue; Big B’s Swiggy stakeHappy Wednesday! Amazon India is gearing up to enter the quick commerce space independently, sources tell us. This and more in today’s ETte...
- Inside the rise and fall of Indian Twitter rival KooKoo, the Indian social media platform aiming to rival Twitter, has closed down due to unsuccessful acquisition negotiations. The company st...
- 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...
- 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 ...
- How MSMEs can boost funding from IP valuation rulesMany MSMEs are unaware of the significant opportunities that lie in valuing their IP assets to boost funding.
- Indian short-video apps see $19 billion monetisation opportunity by 2030: reportAt present, only 1% of the overall digital advertising spends accrue to short video apps, according to the report.
- 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...
- VerSe Innovation co-founder Umang Bedi buys plot in Bengaluru's EpsilonThe property jointly owned by Bedi and his wife was purchased earlier this month from two independent owners, spanning 11753 sq ft in a gat...
- ETtech Deals Digest: India minted three unicorns this weekTwo edtech startups and a cryptocurrency exchange entered the unicorn club this week.
- 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...
- ETtech Deals Digest: Icertis valuation trebles, PUBG buys into NodwinKey deals during 8-12 March 2021: SaaS startup Icertis gets $80 million funding at triple the valuation; PUBG owner Krafton invests in Naza...
- 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...
- 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...
- 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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