India's VerSe Innovation close to raising $500m to fend off video app rivals

India's VerSe Innovation close to raising $500m to fend off video app rivals

Josh website

Indian content startup VerSe Innovation is close to raising at least $500 million in fresh funding, much of which will flow into its short video app, Josh, to fend off a string of local and global rivals, two people aware of the development told Nikkei Asia.