VerSe to acquire GolBol.

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.