Google and Microsoft are among the investors of an Indian rival of TikTok.
The app in question is called Josh and is one of the video platforms that became popular after India banned the Chinese TikTok in recent months.
The application is owned by Verse Innovation which - as reported by the Economic Times newspaper - has raised more than one hundred million dollars in a round of funding in which Microsoft and Google also took part.
The collection values Verse Innovation over one billion dollars.
Verse Innovation is the parent company of Dailyhunt, a very popular news and content aggregator in India, which launched the Josh short video app last September. The company now plans to use the funds to grow TikTok's rival and its ecosystem of content creators. The figure will also serve and double the investments in artificial intelligence and machine learning, technologies used to deliver personalized content to Dailyhunt users in real time.