- VerSe Innovation has raised $100 million from Qatar Investment Authority, the sovereign fund of Qatar.
- The investment has come through for DailyHunt’s take on TikTok, a short video platform, Josh.
- Josh had also recently signed a licensing agreement with Saregama, [just check the formatting once] one of India’s oldest music labels.
VerSe Innovation, the parent company of DailyHunt which runs the short video app Josh, has raised $100 million from Qatar Investment Authority, the sovereign fund of Qatar. The investment also saw participation from Glade Brook Capital Partners, Canaan Valley Capital and existing investor Sofina Group.
The latest investment comes in just two months after VerSe Innovation became a unicorn in December 2020…