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CPPIB invests in Indian technology company, Caisse repurchases shares in Quebec convenience chain

The Canada Pension Plan Investment Board is investing US$425 million in an Indian content technology platform company. Following an initial equity investment of US$50 million in VerSe Innovation Private Ltd.’s previous funding round, the CPPIB was a lead investor in the latest round with a further US$375 million. Founded in 2007, the organization operates Dailyhunt, […]
Kim Thamassin Frank Su Tard Inc Toronto Stock Exchange On Verse Innovation Alimentation Couche Tard

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Dailyhunt and Josh apps parent firm raises $805 million at $5 billion valuation – TechCrunch

At a time when a number of startups are finding it difficult to raise capital, VerSe Innovation, the parent firm of news aggregator app Dailyhunt and short video app Josh, said on Wednesday it has raised $805 million. The startup, which has built one of the largest adtech businesses in the country and is also […]
Virendra Gupta Frank Su Baillie Gifford Umang Bedi Sofina Group Verse Innovation

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