VerSe Innovation

Media · Bengaluru, IN

Parent of news-aggregator Dailyhunt and short-video app Josh.

Founders

Virendra Gupta (India · ♂) — After founding VerSe Innovation in 2007 as a mobile services business, he acquired the Newshunt app in 2011 and grew it into Dailyhunt, India's leading local-language news platform.
Umang Bedi (India · ♂) — A seasoned tech executive who ran Facebook and Adobe in India, he joined Dailyhunt as President in 2018 and was elevated to co-founder in 2020.
Sajeed A
Mohammed Rizwan

Shares the most investors with (number = shared investors):

Date	Round	Amount
Apr 2022	Debt VerSe Innovation (Dailyhunt, Josh) raised INR 50 Cr (~$6.25M) debt from Alteria Capital for general corporate purposes.	$6.2M
Apr 2022	Series D Plus VerSe Innovation (Dailyhunt, Josh) raised $805M from CPPIB, OTPP, Luxor Capital, Sumeru Ventures and Baillie Gifford at a $5B valuation.	$805M
Aug 2021	Series D Plus VerSe Innovation raised over $450M in a Series I led by Siguler Guff, Baillie Gifford and Carlyle Asia at a ~$3B valuation.	$450M
Feb 2021	Series D Plus Dailyhunt/Josh parent VerSe Innovation raised a $100M Series H led by Qatar Investment Authority and Glade Brook Capital.	$100M
Dec 2020	Growth India's VerSe Innovation, owner of short-video app Josh (a TikTok rival), raised over $100M from investors including Google and Microsoft, reaching unicorn valuation above $1B.	$100M

Tap an investor to see what else they have backed.

VerSe Innovation has acquired GolBol · Vebbler.

Data is community-curated and may be incomplete.