VerSe Innovation, the Indian creator of Dailyhunt and Josh, raises $100m Series H

Virendra Gupta, founder and CEO of Dailyhunt. Photo: Livemint

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 round led by global investors Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar, and Glade Brook Capital Partners.

Avendus Capital was the exclusive financial advisor to VerSe Innovation on the transaction.

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