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BENGALURU, IndiaApril 6, 2022 /CNW/ – Canada Pension Plan Investment Board (CPP Investments) today announced that it has invested US$425 million in VerSe Innovation Private Limited, one of India’s leading content technology platform companies. Following an initial equity investment of US$50 million in VerSe Innovation’s previous funding round, CPP Investments acted as a lead investor in the latest round with a further US$375 million equity investment.
Founded in 2007, VerSe Innovation is one of the fastest growing local language artificial intelligence (AI)-driven content platforms in India. It operates Dailyhunt, one of India’s largest local language content…
Full story available on Benzinga.com
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