Announced
Financials
Sources
Tags
Majority
Acquisition
Private
Online and Social Platforms
Pending
India
Friendly
social networking app
Domestic
Single Bidder
Synopsis
VerSe Innovation, parent of local language news aggregators Dailyhunt and short-form video app Josh, agreed to acquire GolBol, an Indian social networking app. Financial terms were not disclosed. The GolBol team will be focussing their efforts on enhancing Josh Cam, a mobile video editing app designed exclusively for users and creators of the short-video ecosystem. The app with its editing interface, allows short-video users to impart a professional touch to their content.
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