Goldman Sachs’ hedge fund completed a $35m investment in Verse Innovation.

Synopsis

Goldman Sachs’ hedge fund completed a $35m investment in Verse Innovation, which operates local-language content and news aggregator Dailyhunt.

Principals

Verse Innovation Pvt

Goldman Sachs (merchant Banking Division)

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Market Context

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Seller Team (1)

virendra gupta

Founder and CEO at VERSE INNOVATION PVT LTD

Manager

target

Deals

£ 1.12 B

Total Value

Bidder Team (2)

scott jalowayski

Partner at Gibson Dunn & Crutcher

Lawyer

bidder

Deals

£ 2.06 B

Total Value

david solomon

CEO at GOLDMAN SACHS (MERCHANT BANKING DIVISION)

Investor

bidder

Deals

£ 37.75 B

Total Value

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