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Dailyhunt’s parent VerSe acquires social networking app GolBol

Digital media platform Dailyhunt & short video app Josh’s parent VerSe Innovation acquired GolBol a Made-in-India social networking app, that helps people make relevant and meaningful connections based on interests, faith, kinship & occupation,it has 5 Mn+ downloads on Google Playstore.

Post the acquisition, VerSe will bring on board GolBol’s entire team including cofounders Shanu Vivek, Karandeep Singh Gujral and Kaushik Mahato to help accelerate the work being done to modernise and multiply the impact of Josh by enhancing Josh Cam, a mobile video editing app designed exclusively for users and creators of the short-video ecosystem

The team will also drive efficiencies in AI & ML to build UGC discovery initiatives that have the power to detect quality content from a stream of several thousand videos and classify these videos at scale so that users on Josh avail the latest, most unique and authentic content experiences, it added.

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