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Tuesday 22 December 2020

Desi TikTok clone gets Google, Microsoft backing in $100 million fund raise

The Indian parent of a TikTok copycat has raised more than $100 million from investors including Alphabet Inc's Google and Microsoft. The app, Josh, is one of several home-grown short-video platforms that have sprung up since the government blocked TikTok in June. Bengaluru-based VerSe Innovation, which owns Josh, is valued at more than $1 billion following the investment.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/37DPnNi

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