The $200 million that it has attracted in under two months indicates a broader revival of interest in made-in-India apps.
It’s the kind of announcement that makes everyone—investors, rivals, and the press—sit up and take notice.
Earlier this week, news aggregator Dailyhunt’s parent announced that it had raised $100 million in funding. This comes just over a month after it raised a similar sum of money. But it’s not just about the money. The company, Verse or Ver sé or Ver se Innovation (depending on the document you look at), now counts the likes of Google, Microsoft and Qatar Investment Authority as its key investors.
There is no other way to say this. The sum involved is big and the …
Harveen is a co-founder at The Morning Context, and leads our Internet coverage, overseeing a team of reporters writing on startups and tech. She has previously worked as a media, consumer and tech reporter at The Ken and Mint. At The Morning Context, she writes on startups, venture capital, consumer and media businesses—from e-commerce to healthtech to streaming.
Editor, Internet
harveen@mailtmc.com
Mumbai