Indian app could able to substitute the absence of TikTok
Indian app could able to substitute the absence of TikTok: Dailyhunt, the owner of Josh which is currently the leading domestic platform, launched apps like MX TakaTak , Roposo , Chingari , Moj Mitron, Trell and others to fill the huge void. They have claimed to have 40 per cent market share of their Chinese rival TikTok since the Indian government banned it alonMog with other apps in June this year. Bengaluru headquartered VerSe Innovation, operates news aggregator and content platform Dailyhunt and short video platform Josh, has announced the completion of its staggered $100 million fundraise from Google, Microsoft and AlphaWave (a unit of Falcon Edge Capital)and valued over $1 billion. Initially the agency started as NewsHunt, the platform was founded in 2009 by Umesh Kulkarni and Chandrashekhar Sohoni. It was acquired by VerSe Innovations in 2012 and rebranded as Dailyhunt in 2015. Existing investors Sofina Group and Lupa Systems also ...