CosmicTaco

DailyHunt parent VerSe Innovation Acquires Valueleaf Group

CosmicTaco · 2024-08-28T11:11:09.149070+05:30

- 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](https://economictimes.indiatimes.com/tech/startups/dailyhunt-parent-verse-buys-digital-marketing-solutions-firm-valueleaf/articleshow/112838380.cms?from=mdr)

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