India’s VerSe acquires Apple News+ rival Magzter

VerSe Innovation, the parent firm of Indian news aggregator app Dailyhunt, has acquired the popular digital newsstand platform Magzter, the two said Thursday. The Bengaluru-headquartered startup has fully acquired Magzter, a New York-headquartered firm that counted Singapore Press Holdings among its backers. VerSe didn’t disclose the financial terms of the deal. The acquisition of Magzter,…

Ramp raises another $150 million co-led by Khosla, Founders Fund at a $7.65B valuation

Spend management startup Ramp has raised another $150 million at a valuation of $7.65 billion, the company confirmed to TechCrunch today. Khosla Ventures and Founders Fund co-led the raise, which also included participation from new backers Sequoia Capital, Greylock and 8VC. Existing investors Thrive Capital, General Catalyst, Sands Capital, D1 Capital, Lux Capital, Iconiq Capital,…