Unicorn VerSe Innovation raises another $100 mn from global investors

The DailyHunt and Josh parent is now valued at $1.1 billion

Local language technology platform VerSe Innovation has raised over $100 million 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. Canaan Valley Capital and existing investor Sofina Group also participated in this round. The investment in DailyHunt and Josh parent follows close on the heels of a $100 million plus fund raise from technology giants Google, Microsoft and AlphaWave in December last year.

The December fundraise had catapult VerSe Innovation in the unicorn club making it  the country's first unicorn in