CPPIB led an $805m funding round in VerSe Innovation.

Canada Pension Plan Investment Board, a global investment management organisation, led an $805m funding round in VerSe Innovation, a local language technology platform, with participation from Ontario Teachers' Pension Plan Board, Luxor Capital, Sumeru Ventures, Sofina Group and Baillie Gifford. "India’s digital content is experiencing phenomenal growth, and VerSe Innovation is well positioned to be one of the leaders in the fast-growing short video and local language content space. This investment aligns with our approach of providing strategic capital to industry leaders in India’s technology sector. We look forward to supporting the next phase of VerSe Innovation’s growth journey, which we believe will deliver strong risk-adjusted returns for the CPP Fund," Frank Su, CPPIB Managing Director, Head of Private Equity Asia.