February 08, 2021. It was founded in 2007. Last Funding Type Series H. Hub Tags Unicorn. The funding ⦠VerSe Innovation, Indiaâs biggest local language technology platform, announced it has raised another over $100 million in a Series H funding round led by global investors Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar and Glade Brook Capital Partners. The Indian parent of a TikTok copycat has raised more than $100 million from investors including Alphabet Inc's Google and Microsoft, months after ⦠From VerSe Innovation bagging over $100 million in fresh funding to SoftBank Vision Fund racking up a record $8 billion profit in the third quarter and Tesla placing a big bet on Bitcoin, hereâs a look at the must-read, top tech news today. The technologies that are used by VerSe Innovation are: Modernizr, IBM Softlayer DNS, Font Awesome, PHP. Read reviews on salaries, working hours, work culture, office environment, and more to know if Verse Innovation is the right company for you. Verse Innovation, which owns and operates short video app Josh and content aggregator app Dailyhunt, has secured over $100 million in funding ⦠With this fresh funding, the company is now valued at over $1 billion, making its debut as the ⦠Josh, Indiaâs Leading Short Video Platform, Has Now Attracted Over $200M+ Investment From Global Marquee Investors In The Last 2 Months Since It Became Indiaâs First Tech Unicorn For Local Languages BENGALURU: VerSe Innovation, Indiaâs biggest local language technology platform, today announced it has raised another $100 million+ in a Series H funding round led by [â¦] The Indian parent of a TikTok copycat has raised more than $100 million from investors including Alphabet Inc's Google and Microsoft, months after ⦠The firm owns and operates Newshunt, a mobile application that provides news with different types of local languages. Contact Email contactus@verse.in. Dailyhunt - Funding and Investors . Verse Innovation: . Our experience in EU funding instruments and company-led innovation projects is based on 100+ years of industrial experience and 12+ PhDs. âThis will include the augmentation of local language content offerings, the development of its content creator ecosystem, innovation in AI and ML, and more importantly, creation of opportunity for Indiaâs vast talent pool,â the company mentioned in the press statement. Earlier this month, VerSe Innovation raised USD 100 million-plus in a funding round led by Qatar Investment Authority, the sovereign wealth fund of the State of Qatar and Glade Brook Capital Partners, close on the heels of a USD 100 million-plus fundraise in December last year led by Alpha Wave, Google and Microsoft. Dailyhunt (versé Innovation Pvt Ltd) is a private. The acquisition will help VerSe in building its digital capabilities on the platform, according to a statement. MultiChoice Innovation Fund View Beneficiaries The MultiChoice Innovation Fund is set to stimulate South Africaâs most exciting entrepreneurs â giving them access to the tools, skills and financial support that will enable them to bring their unique, innovative and exciting business ideas to life. In another round of funding, the Bengaluru-based company secured funding ⦠To date, VerSe Innovation has raised over $434 million in funding. Phone Number +918030231300. Bangalore-based VerSe Innovation, the parent company of popular news aggregator platform Daily Hunt, after receiving more than $100 million in funding ⦠VerSe Innovation, homegrown local language technology platform and parent company of DailyHunt and short-video platform Josh has raised over $100 million in a Series H funding ⦠Cognirel founder Ram Prakash will head the companyâs new AI Lab. VerSe Innovation - which runs Dailyhunt and short video app Josh - has completed an over USD 100 million (about Rs 739 crore) funding round from AlphaWave, Google, and Microsoft, and the funding values the company at over USD 1 billion. Ltd, which operates online news and content platform Dailyhunt, has raised nearly Rs 180 crore ($23.4 million at current exchange rate) as part of its Series G funding round. VerSe Innovation today announced it has completed a $100 million+ round of funding from global marquee investors AlphaWave (a unit of Falcon Edge Capital), Google and Microsoft. Canaan Valley Capital and Glade Brook Capital Partners are the most recent investors. VerSe Innovation is a local language technology company that develops a discovery platform to consume and socialize with media. Apply to top Verse Innovation Pvt Ltd job openings in India. VerSe Innovation plans to deploy this capital steadily in the continued scaling up of made-in-Bharat-for-Bharat-by-Bharat-in-12-Bhartiya-languages-hosted-in-Bharat short video platform Josh. Lead investors: Sovereign wealth fund ⦠The multi-million-dollar investment follows close on the heels of over 100 million dollars fund raise from Google, Microsoft and AlphaWave in December 2020. Debuting as the first unicorn in tech for local languages last year, VerSe Innovation has seen investor interest in short video platform Josh since its launch. VerSe Innovation, the parent company of news aggregator Dailyhunt and short-video platform Josh, has raised more than $100 million in a Series H funding round led by Qatar's sovereign wealth fund Qatar Investment Authority and Glade Brook Capital Partners. Details of the startup: Valuation: $1.10. Explore latest career opportunities in tech, marketing, sales, product, operations & finance and connect directly with the hiring team of Verse Innovation Pvt Ltd. Their latest funding was raised on Feb 8, 2021 from a Series H round. Founded Date 2007. Existing investors Sofina Group, Falcon Edge Capital and Lupa Systems also participated in the companyâs funding round. By Press Trust of India February 23, 2021. Bengaluru-based VerSe Innovation, which owns Josh, is valued at more than $1 billion following the investment. Josh currently has over 50 million downloads on Google Play Store. The parent company of Dailyhunt and short video app Josh, VerSe Innovation has raised $100 million in its fresh round funding. VerSe innovation on raising a 100 million dollar fund yet again. Umang Bedi Co-founder of VerSe Innovation, the parent company of short video platform Josh, and Virendra Gupta founder of VerSe Innovation join us to talk about this achievement. Dailyhunt Parent Raises $100 Mn To Propel Short Video App Josh. VerSe Innovation, a leading local language technology platform in India, on Monday announced it has raised another USD 100 million-plus in a Series H funding round led Qatar Investment Authority, the sovereign wealth fund of the State of Qatar, and Glade Brook Capital Partners. When was Verse Innovation founded? Lead investors: Sovereign wealth fund ⦠The new funding comes at a time when VerSe Innovation is expanding its family of apps through its leading short video platform Josh, which is available in 12 local languages Started in: 2007. In a ⦠At the core of the company (VerSe Innovation), is the idea that technology can help bridge the digital divide. Since its inception, it has risen to the challenge of serving the unmet content needs of millions of consumers using technology. The acquisition will help VerSe in building its digital capabilities on the platform, according to a statement. VerSe Innovation, a leading local language technology platform in India, on Monday announced it has raised another USD 100 million-plus in a Series H funding ⦠Bengaluru (Karnataka) [India], February 8 (ANI): Local language technology platform VerSe Innovation said on Monday it has raised another 100 million dollars (about Rs 730 crore) in a series H funding round led by global investors Qatar Investment Authority (QIA) and Glade Brook Capital Partners. VerSe Innovation, a leading local language technology platform in India, on Monday announced it has raised over $100 million-plus in a Series H funding round. Founders Umang Bedi, Virendra Gupta. Local language tech platform VerSe Innovation, which is the parent company of news aggregator DailyHunt and short-video platform Josh, has raised $100 million in Series H funding ⦠Bengaluru: VerSe Innovation which is the parent company of vernacular content platform Dailyhunt and owns short video app Josh on Tuesday announced it has completed the funding round of more than $100 million from Google, Microsoft and AlphaWave (a unit of Falcon Edge Capital). Innovation Fund supports emission reductions in Europe. Canaan Valley Capital and existing investor Sofina Group also participated in this round. On this segment of the StartUp Central, we have with us a company that during the last week of December turned into a unicorn and now is on its way for another fundraising announcement of 100 million dollars. With this fresh funding, the company is now valued at over $1 billion, making its debut as the first unicorn in ⦠VerSeâs technology is also used by Josh, Indiaâs most used short-form video application. VerSe Innovation, the parent company of Dailyhunt and Josh, on Monday said it has raised more than $100 million in a Series H funding round led by ⦠Dailyhuntâs parent company VerSe Innovation on Tuesday announced that it has completed its latest funding round, raising over $100 million from ⦠VerSe Innovation, which owns and operates content aggregator app Dailyhunt, has secured over $100 million in funding from Falcon Edge Capitalâs AlphaWave, Google, and Microsoft at a valuation of more than $1 billion. Is your company ready to join the fight against carbon emissions? Ver Se Innovation Private Limited's Corporate Identification Number is (CIN) U72200KA2007PTC042493 and its registration number is 42493.Its Email address is virendra.gupta@verse.in and its registered address is 14TH MAIN ROAD HSR LAYOUT, 5TH SECTOR Bangalore Bangalore KA 560102 IN , - , . VerSe Innovation. Dailyhunt has raised a total of over $430 Million in funding to date. Ltd, which operates online news and content platform Dailyhunt, has raised nearly Rs 180 crore ($23.4 million at current exchange rate) as part of its Series G funding round. Cognirel founder Ram Prakash will head the companyâs new AI Lab. Dailyhunt (versé Innovation Pvt Ltd) specialises in internet. Prior to today, the company invested $4.5 billion from this fund in Indian telecom giant Jio Platforms. The company behind short video platform, Josh and local language news aggregator DailyHunt, VerSe Innovationâs Series H funding round was led by Qatar Investment Authority, the sovereign wealth fund of the State of Qatar, along with Glade Brook Capital Partners. VerSe Innovation is a local language technology company that develops a discovery platform to consume and socialize with media. Its platform facilitates the curation of content and tracks user preferences through its vertical search and recommendation tools that provide users with personalized content and notifications. | At the core of the company (VerSe Innovation), is the idea that technology can help bridge the digital divide. Verse Innovation was founded in 2007. Existing investors Sofina Group and Lupa Systems also participated in this round. Dailyhunt (versé Innovation Pvt Ltd) is a Internet company and has headquarters in Bengaluru, Karnataka, India. Canaan Valley Capital and existing investor Sofina Group also participated in this round. Indian TikTok Alternative Josh Gets Google and Microsoft Backing in $100 Million Funding. VerSe Innovation, the parent company of news aggregator Dailyhunt, announced it has acquired India-based artificial intelligence solutions provider Cognirel Technologies. Bengaluru, Feb 8 (IANS) VerSe Innovation, the parent company of homegrown short video platform Josh, on Monday said it has raised over $100 million (nearly Rs 728 crore) in a Series H funding ⦠Bengaluru, NFAPost: VerSe Innovation announced it has completed over $100 million of funding from global marquee investors AlphaWave (a unit of Falcon Edge Capital), Google and Microsoft. VerSe Innovation has recently raised ~730 Crores from AplhaWave, Google and Microsoft and attain a coveted status of Unicorn. February 8, 2021. VerSe Innovation secures $100 mn from Qatar Investment Authority and others. New Delhi, Feb 8 (PTI) Internet firm VerSe, owner of Josh and Dailyhunt platforms, on Monday said it has raised over USD 100 million in a funding round ⦠It also offers Dailyhunt, iPayy, and Telco grade solutions. City: Bangalore. Read more... Hindustan Times. Homegrown platform VerSe Innovation, the company behind short video platform 'Josh', today announced it has raised another more than $ 100 million in a series-H funding. At the core of the company (VerSe Innovation), is the idea that technology can help bridge the digital divide. Local language technology platform VerSe Innovation on Tuesday announced that it has acquired Cognirel Technologies, a... Funding News Existing investors of the company also took part in the round. VerSe Innovation, the parent company of news aggregator Dailyhunt, announced it has acquired India-based artificial intelligence solutions provider Cognirel Technologies. VerSe Innovation, the parent company of news aggregator Dailyhunt, announced that it has raised over US$100 million.. More funding details. Bengaluru, Dec 22 (IANS): VerSe Innovation which is the parent company of vernacular content platform Dailyhunt and owns short video app Josh on Tuesday announced it has completed the funding round of more than $100 million from Google, Microsoft and AlphaWave (a unit of Falcon Edge Capital). VerSe Innovation plans to deploy this capital steadily in the continued scaling up of made-in-Bharat-for-Bharat-by-Bharat-in-12-Bhartiya-languages-hosted-in-Bharat short video platform Josh. NEW DELHI: VerSe Innovation, the company behind local language news platform Dailyhunt and short form video app Josh, has raised over $100 million (about Rs728 crore) in a Series H funding ⦠See more information about VerSe Innovation. Today, VerSe Innovation allows more than 300 million users to consume content in their local language on Dailyhunt. Since its inception, it has risen to the challenge of serving the unmet content needs of millions of consumers using technology. Before the $100 million Series H funding, VerSe Innovation had raised more than $100 million from investors such as Alphabet Incâs Google and Microsoft. Verse' Innovation Pvt Ltd. designs and develops mobile applications. VerSe Innovation has raised a total of $434M in funding over 20 rounds. Company Type For Profit. We have also well-proven tools and methodologies for your need to build collaborative projects. Read more about Dailyhunt parent VerSe becomes unicorn after funding from Google, Microsoft on Business Standard. Two months after raising $100 million, and gaining Unicorn status, VerSe Innovation has again raised $100 million. VerSe Innovation has raised $100 million from Qatar Investment Authority, the sovereign fund of Qatar. VerSe is a language technology platform designed to help businesses and non-profits communicate more effectively in the local language and dialects of emerging markets. The National Fish and Wildlife Foundation's Fisheries Innovation Fund supports effective participation of fishermen and fishing communities in the implementation of sustainable fisheries in the United States. Versé Innovation Pvt. Top 10 Indian Startup Funding Deals This Week. Bengaluru: VerSe Innovation which is the parent company of vernacular content platform Dailyhunt and owns short video app Josh on Tuesday announced it has completed the funding round of more than $100 million from Google, Microsoft and AlphaWave (a unit of Falcon Edge Capital). The company was founded by Virendra Kumar Gupta, Chandrashekhar Sohoni, Umesh Kulkarni in 200. This new round of funding pushes VerSe Innovation, owner of the short-form video app Josh, into the unicorn club. Accelerate your innovations with public funding! BharatPe: $108 Mn; VerSe Innovation (DailyHunt): $100 Mn; SplashLearn: $18 Mn; TenderCuts: $15 Mn; Nazara Technology: $13.7 Mn Verseon Pioneers New Way of Funding Innovation Through Security Token Offering. The European Commission has announced a significant investment programme called Innovation Fund, worth 10 B⬠or more. Read more... Inc42. VerSe Innovation is the new Unicorn in the Industry! VerSe Innovation raises more than $100 million in Series H funding. Company profile page for Verse Innovation Pvt Ltd including stock price, company news, press releases, executives, board members, and contact information Verse is also known as the parent of a TikTok copycat â Josh app, a short-video app. Versé Innovation Pvt. Bengaluru, Feb 8 (IANS) VerSe Innovation, the parent company of homegrown short video platform Josh, on Monday said it has raised over $100 million (nearly Rs 728 crore) in a Series H funding ⦠Unicorn is the name given to the startups which has reached a valuation of $1Billion dollar. VerSe Innovation which is the parent company of vernacular content platform Dailyhunt and owns short video app Josh on Tuesday announced it has completed the funding round of more than $100 million from Google, Microsoft and AlphaWave (a unit of Falcon Edge Capital). Prior to the latest funding, the Bengaluru-based VerSe innovation also raised USD 100 million in a Venture Round led by Alphawave Group, Microsoft and Google. The new capital raises VerSe Innovation's value at over $1 billion, making it the first unicorn in tech for local languages, the company claims. B (February 2021) Country: India. In December 2020, Dailyhuntâs parent company, VerSe Innovation, became a unicorn by completing a round of funding worth over USD100 million from AlphaWave, Google and Microsoft. Industries: Desi TikTok clone gets Google, Microsoft backing in $100 million fund raise; Sensex rises 453 points to close at 46,007; Nifty settles above 13,450 ... Bengaluru-based VerSe Innovation⦠In December last year, VerSe Innovation turned into a unicorn with $100 million funding from Google, Microsoft Corporation, and Falcon Edgeâs Alpha Wave Incubation. 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. Bangalore-based VerSe Innovation, the parent company of popular news aggregator platform Daily Hunt, has received more than $100 million in ⦠Founders: Umang Bedi, Virendra Gupta. Their latest funding was raised by the Series H financing round from Qatar Investment Authority and Glade Brook Capital Partners that invested over $100 Million in the parent company of Dailyhunt, VerSe Innovation. AmbitionBox has 53 Verse Innovation reviews submitted by Verse Innovation employees. Funding News VerSe Innovation acquires AI-startup Cognirel Technologies. The questions are about Verse Innovation funding, Verse Innovation revenue, Verse Innovation founder, Verse Innovation CEO, Verse Innovation Head office, Verse Innovation contact details and more. Operating Status Active. VerSe Innovation - which runs Dailyhunt and short video app Josh - has completed an over USD 100 million (about Rs 739 crore) funding round from AlphaWave, Google, and Microsoft, and the funding values the company at over USD 1 billion. The Bengaluru-based Verse Innovation ⦠Inmobi's mobile-first content platform Glance has raised $145 million in fresh funding while VerSe Innovation, which runs Dailyhunt and short video app Josh, has raised $100 million. This round was led by global investors Qatar Investment Authority -- the sovereign wealth fund of the state of Qatar, Glade Brook Capital Partners, Canaan Valley Capital. With this fresh funding, the company is now valued at over $1 billion, making its debut as the first unicorn in ⦠Sofina acquired an equity stake in VerSe Innovation in 2019. VerSe Innovation's main competitors are: Flipboard Inc., Inshorts, BuzzFeed Inc, Time Inc. What is VerSe Innovation's tech stack? Source: YourStory Local language tech platform VerSe Innovation, which is the parent company of news aggregator Dailyhunt and short-video platform Josh, has raised $100 million in Series H funding led by global investors Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar, and Glade Brook Capital Partners. VerSe Innovation, the parent company of news aggregator Dailyhunt, announced that it has raised over US$100 million.. More funding details. View company info, jobs, team members, culture, funding and more. A month later, Verse Innovation raised another USD100 million+ from Qatar Investment Authority and ⦠Local language technology platform VerSe Innovation has raised over $100 million in a Series H funding round led by global investors Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar and Glade Brook Capital Partners. News app Dailyhunt and short-video app Josh parent VerSe Innovation on Wednesday announced the acquisition of community-focused photo and video sharing app Vebbler for an undisclosed value. The investment has come through for DailyHuntâs take on ⦠VerSe Innovation is funded by 22 investors. Latest news, reviews and articles about VerSe Innovation on Techcircle March 18, 2019 03:00 AM Eastern Daylight Time. dailyhunt | 57,897 followers on LinkedIn. VerSe Innovation, the parent company of latest content aggregator unicorn Dailyhunt and short video app Josh, has raised $100 Mn in a Series H funding round led ⦠Parent company of dailyhunt and short video app Josh Kulkarni in 200 non-profits communicate more effectively the!, PHP Series H round that technology can help bridge the digital divide language technology platform designed help. A private 100 million in its fresh round funding canaan Valley Capital and existing investor Sofina,... 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