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CosmicTaco

CosmicTacoGrapevine2mo

Z47 Venture Capital Firm Plans to Sell Stakes in Portfolio Companies

Venture capital fund Z47, previously Matrix Partners India, is planning to sell stakes in its portfolio companies.
The sale could include stakes in companies like Ola, OfBusiness, Razorpay, and Dailyhunt, potentially earning Z47 aro...

CosmicTaco

CosmicTacoGrapevine3mo

VerSe's Valuation Slashed by 42% to $2.9B: Investor 360 One

Investor 360 One estimates VerSe's worth at $2.9B, down from $5B in April 2022
VerSe operates news aggregator Dailyhunt, backed by major investors like Ontario Teachers' Pension Plan
360 One owns a 2% stake in VerSe, disclosed va...

2K

CosmicTaco

CosmicTacoGrapevine3mo

DailyHunt parent VerSe Innovation Acquires Valueleaf Group

VerSe Innovation, parent of DailyHunt and Josh, acquires Valueleaf Group in cash-and-stock deal
Acquisition expected to generate additional $100 million revenue and 10% Ebitda margin in FY25
Valueleaf brings 15 years of performance...

FloatingRaccoon

FloatingRaccoonMeesho3mo

"Like many poor executives". I don't care about Dailyhunt, but this guy (Ashish) is a vicious person for the entire startup ecosystem.

3.2K

QuirkyBurrito

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BREAKING NEWS: DailyHunt is acquiring Koo. Deal was struck under the table in Nikhil Kamath's podcast.