Rajaram unicorn DailyHunt raises $200m from Alpha, Google, MS with CAM x 2, Trilegal x 2, JSA, Touchstone

Dailyhunt’s parent VerSe is on a funding streak. Barely one-and-a-half months after completing a USD 100 million-plus funding round from AlphaWave, Google, and Microsoft, at a valuation of over USD 1 billion, the holding company of the local language news aggregator app has raised another USD 100 million in a Series H funding round.

— Kr-Asia.Com

Rajaram Legal advised Ver Se Innovation Private Limited, operating as DailyHunt, led by a team of partnerPrasad Subramanyan and senior associateNikita Rajwade.

Cleary Gottlieb Steen & Hamilton LLP was advising the Qatar Investment Authority with a team comprising of partnerNallini Puri, and associatesSurya Banerjee and Georgia Moorhouse.

Cyril Amarchand Mangaldas acted for Alpha Wave led by a team of partnersAkshay Bhat and Kota Chandan, principal associateSuvojit Halder, senior associateSambhrama Malimath, and associateSaumya Sahai.

Cyril Amarchand Mangaldas also acted for Google with partnerHarish S and senior associateSaloni Shroff.

J Sagar Associates (JSA) acted for Microsoft led by partnerLalit Kumar and senior associateAmandeep Singh Virk.

Touchstone Partners represented Glade Brook and Canaan Valley Capital led by a team of partnerRuchir Sinha and associateSanjana Bhatnagar.

Series H Investors Lupa Systems and Sofina, and Existing Investor Omidyar Network were all represented by their respective in-house legal teams.

Existing Investor Goldman Sachs was represented by Trilegal, led by a team of partnersSridhar Gorthi and Aniruddha Sen, counselDeep Choudhuri, and associatesShikha Rawal and Kanishtha Mehta.

Trilegal also represented Exis.

2021-02-08

Deal value: USD 200 million

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