Friday, 24 March, 2023

VerSe Innovation to expand Josh, Dailyhunt globally after raising $450mn

<p>The parent firm of popular news aggregator Dailyhunt and short video app Josh, VerSe Innovation, announced that it has raised $450 mn. The announcement came just five months after it had raised $200 mn, as it looks to expand globally. According to a person familiar with the matter, VerSe Innovation&#39;s valuation,&nbsp; after the new round of funding, is around $3 bn. The startup also plans to invest in AI/ML to offer users a personalised experience.</p>