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 Private Limited, taking its valuation over $1 billion and into the unicorn club. 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.