dailyhunt

Dailyhunt parent VerSe’s valuation gets slashed 42% to $2.9B: investor note

Startups /

Indian tech and media startup VerSe, which operates popular news aggregator Dailyhunt, is worth about 42% below its last private valuation, according to estimates by its investor 360 One.  The wealth and asset manager disclosed in a June update to its investors that it values VerSe at $2.9 billion, according to an internal document reviewed […]

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India’s VerSe acquires Apple News+ rival Magzter

Media & Entertainment /

VerSe Innovation, the parent firm of Indian news aggregator app Dailyhunt, has acquired the popular digital newsstand platform Magzter, the two companies said on Thursday. VerSe, based in Bengaluru, didn’t disclose the financial terms of the deal. Magzter, which is headquartered in New York, counted Singapore Press Holdings among its backers. The acquisition of Magzter,

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