Briefing
asia venture capital

Indian Social Media Startup Raises $805 Million 

By
Shai Oster
· · Source: Bloomberg

A social media app targeting non-English speaking Indians has raised $805 million in venture capital, Bloomberg said. VerSe Innovation launched the app called Josh shortly after TikTok was banned from India. The firm also runs Dailyhunt, which is also focussed on local language speakers. Investors include the Canada Pension Plan Investment Board, Ontario Teachers’ Pension Plan Board, Luxor...

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