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 data and integrations with 50,000+ websites and 1,000+ apps
• Move aims to create India's largest ad retargeting and exchange platform
• VerSe has raised over $1.4 billion to date, returning $450 million to early investors

Source: Economic Times