Verse Innovation completed the acquisition of Magzter.

Verse Innovation, India’s local language technology platform, completed the acquisition of Magzter, a cross-platform, global digital newsstand. Financial terms were not disclosed. “We are excited to join forces with VerSe Innovation and contribute to the evolution of content consumption in India. This partnership opens up new avenues for delivering high-quality content experiences to users across India, further strengthening our goal of providing unparalleled digital reading experiences to our readers,” Girish Ramdas and Vijayakumar Radhakrishnan, Magzter Co-Founders.