J. Sagar Associates (JSA) advised Microsoft India Corporation (“Microsoft”) in the Series H investment in Dailyhunt’s parent Ver Se Innovation Private Limited (“Ver Se Innovation”) for its investment of $10 million. Ver Se Innovation has raised around $100 million in this Series H round from several investors including Google, Falcon Edge’s Alpha Wave Incubation and existing investors Sofina Group and Lupa Systems.
Ver Se Innovation runs a local language news aggregator website and app by the name of Dailyhunt and also owns short video app Josh.
JSA Team comprised Partner – Lalit Kumar and Senior Associate – Amandeep Singh Virk.
In separate tranche that formed part of Series H, JSA had also advised B Capital for its investment of $10 million in Ver Se Innovation. For investment by B Capital, JSA Team comprised of Partner – Manvinder Singh and Senior Associates – Anant Mishra and Divyam Sharma.