An Indian social content startup that launched its short video app exactly four days after the government banned China’s TikTok, has received US$805mil (RM3.39bil) in funding, the country’s largest venture capital round this year.
A little over half the capital, US$425mil (RM1.79bil), in VerSe Innovation Pvt’s latest round, came from the Canada Pension Plan Investment Board, the startup announced on Wednesday.
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