VerSe Innovation Pvt. Ltd, the parent of online news and content platform Dailyhunt and short video app Josh, said it has acquired Bengaluru-based AI solutions provider Cognirel Technologies Pvt. Ltd. Recently, VerSe entered into the famed unicorn club of startups. Post acquisition, Cognirel founder Ram Prakash will join VerSe’s board to head its newly instituted…
Dailyhunt, a Bengaluru-based news platform, announced it has raised Rs 38.27 crore from Sofina Group, a Belgium-based investment company. The current funding is an addition to its Series G funding that took place recently in which it had raised $23.5 million (approximately Rs 180 crore). Post this financing round, the company has raised a total…
US-based investment firm Falcon Edge Capital has raised $300mn India-focused venture capital fund Alpha Wave Incubation (AWI). The fund is anchored by investors from UAE and an undisclosed entity of the Government of Abu Dhabi. According to a report by The Economic Times, AWI is in the final stages of closing the corpus and is…