Parveet Singh Gandoak and Daniel Kahan 
Dealstreet

King & Spalding advises DailyHunt parent Verse on acquisition of digital newstand Magzter

Magzter is founded by Indian origin Entrepreneurs and is based out of New York.

Bar & Bench

Bangalore based VerSe Innovation Private Limited has made a cross-border acquisition of Magzter, Inc. (Magzter), a popular New York-based digital newsstand platform.

The Singapore office of King & Spalding advised VerSe and its affiliates on this acquisition deal.

The transaction team consisted of Parveet Singh Gandoak (Partner), Daniel Kahan (Partner), Eric Nyman (Associate), and Hope Sheils (Associate).

Magzter

VerSe Innovation is the parent firm of Indian news aggregator app Dailyhunt, India’s biggest local language technology platform.

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