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VerSe Innovation, the parent of Indian news aggregator Dailyhunt, buys digital marketing agency Valueleaf for an undisclosed sum in a cash and equity deal (@jagmeets13 / TechCrunch) https://t.co/JIXlnlGBae https://t.co/iorTt6LDGA
Dailyhunt parent VerSe Innovation acquires majority stake in Valueleaf Group to bolster its ad exchange ambitions VerSe Innovation estimates Valueleaf Group purchase along with its Nexverse .ai business will contribute $100 million in revenues by FY25 https://t.co/VG3M0twZBU.
💰Dailyhunt parent VerSe Innovation acquires Valueleaf Group to bolster its ad exchange ambitions VerSe Innovation estimates Valueleaf Group acquisition along with its Nexverse .ai business will contribute $100 million in revenues by FY25 https://t.co/VG3M0twrMm.
VerSe Innovation, the parent company of DailyHunt and short-video platform Josh, has acquired a majority stake in Valueleaf Group, a digital marketing solutions firm. The acquisition, reportedly valued between $150 million and $200 million, is part of VerSe's strategy to enhance its ad exchange capabilities. The deal was completed in a cash and equity transaction. This marks VerSe's second major acquisition this year, following its purchase of the news subscription platform Magzter. VerSe anticipates that the acquisition of Valueleaf, along with its Nexverse.ai business, will contribute $100 million in revenues by the fiscal year 2025.