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» DailyHunt's Josh raises $100 million from Qatar Investment Authority and others – just two months after Google and Microsoft made it a unicorn DailyHunt's Josh raises $100 million from Qatar Investment Authority and others – just two months after Google and Microsoft made it a unicorn Sanchita DashFeb 8, 2021, 14:55 IST VerSe Innovation VerSe Innovation has raised $100 million from Qatar Investment Authority, the sovereign fund of Qatar. The investment has come through for DailyHunt’s take on TikTok, a short video platform, Josh. Josh had also recently signed a licensing agreement wi...

Dailyhunt parent VerSe Innovation raises $100 million in fresh funds from Google, Microsoft and others This new round of funding pushes VerSe Innovation, owner of the short-form video app Josh, into the unicorn club. TechSamvad December 24, 2020 15:17:52 IST Dailyhunt logo Technology giants Google and Microsoft along with AlphaWave, a unit of Falcon Edge Capital, have invested over $100 million (around Rs 738 crore) in content platform Dailyhunt parent VerSe Innovation ...

Google and its American internet peers are steadily amping up their investment in India, latching onto the only other country with a billion-plus population after getting shut out of China. From Amazon.com Inc to Facebook Inc, they’re hoping to get in on the ground floor of what they envision as a smartphone and online commerce boom that could eventually create a market to rival the world’s No 2 economy. The online search leader has struck an alliance with Mukesh Ambani’s Reliance Industries Ltd to invest $4.5 billion and cooperate on technology initiatives including the development of ...

Microsoft and Google were part of an investment round of over $100 million for VerSe. VerSe makes Dailyhunt, a news aggregator, and Josh, a TikTok rival based in India. The recent investment in VerSe is led by AlphaWave. Microsoft and Google were part of an investment round that raised over $100 million for VerSe Innovation (via Bloomberg). VerSe makes Dailyhunt, a news aggregator, and Josh, a short video app and TikTok rival based in India, among several other brands. VerSe is now valued at more than $1 billion. The latest wave of investment is led by AlphaWave. Previous investors Sofina Gro...

Technology giants Google and Microsoft along with AlphaWave, a unit of Falcon Edge Capital, have invested over $100 million in vernacular content platform Dailyhunt parent VerSe Innovation, making it the first startup for local languages to hit the unicorn milestone. Existing investors Sofina Group and Lupa Systems also participated in the round. Other investors of VerSe Innovation include Matrix Partners India, Sequoia Capital India, Falcon Edge Capital and Goldman Sachs. The new funding comes at a time when VerSe Innovation is expanding its family of apps through its leading short video ...