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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

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