VerSe

Bengaluru, India Founded: 2007 • Age: 19 yrs
Developer of a short-video platform and technology infrastructure
Annual revenue $217.5M Latest available
Total funding $2.0B 19 rounds
Employees 779 Tracked headcount
Investors 45 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About VerSe

VerSe is a company based in Bengaluru (India) founded in 2007 by Umang Bedi and Virendra Gupta. VerSe has raised $2.02 billion across 19 funding rounds from investors including Microsoft, Google and India Infoline. The company has 779 employees as of April 01, 2025. VerSe has completed 4 acquisitions, including Eterno Infotech, GolBol and Magzter. VerSe offers products and services including Josh App, Creator Program, and Josh Studios. VerSe operates in a competitive market with competitors including Kuaishou Technology, YouTube, Toutiao, News Break and Dailymotion, among others.

  • Headquarter Bengaluru, India
  • Employees 779 as on 01 Apr, 2025
  • Founders Umang Bedi, Virendra Gupta
  • Stage Unicorn
  • Sectors
    Media & Entertainment
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ver Se Innovation Private Limited
  • Date of Incorporation 13 Apr, 2007
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Media & Entertainment → Creator Economy & Social Platforms Unlock Sub-Sector Unlock Segment
Media & Entertainment → Digital Media, Publishing & Broadcasting Unlock Sub-Sector Unlock Segment
Media & Entertainment → Creator Economy & Social Platforms Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $217.45 M (USD)
    57.13
    as on Mar 31, 2023
  • Net Profit
    -$229.61 M (USD)
    25.5
    as on Mar 31, 2023
  • EBITDA
    $55.77 M (USD)
    10183.48
    as on Mar 31, 2023
  • Total Equity Funding
    $2.02 B (USD)

    in 19 rounds

  • Latest Funding Round
    $6.02 M (USD), Debt – Conventional

    Feb 07, 2024

  • Investors
    Microsoft

    & 44 more

  • Employee Count
    779

    as on Apr 01, 2025

  • Investments & Acquisitions
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Products & Services of VerSe

VerSe offers a comprehensive portfolio of products and services, including Josh App, Creator Program, and Josh Studios.

Product name locked
Category locked
Primary

App for creating and viewing short videos in local languages

Product name locked
Category locked
Locked

Initiative to help creators produce and monetize videos

Product name locked
Category locked
Locked

Program for hosting events and building creator communities

People of VerSe

Headcount 200-500
Employee Profiles 23
Employee Profiles
People
Amit Rai
Head, Programmatic Monetization
People
Abdul Munaff
Lead QA Engineer
People
Safia Jamal
Lead Software Engineer
People
Ayush Banka
Principal Software Engineer

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Funding Insights of VerSe

VerSe has successfully raised a total of $2.02B across 19 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $6.02 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in VerSe

VerSe has secured backing from 45 investors, including venture fund and institutional investors. Prominent investors backing the company include Microsoft, Google and India Infoline.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture debt funding and structured finance for innovative startups in India.
Locked Locked Locked
Venture capital investments are provided by Sofina to emerging companies.
Locked Locked Locked
Early-stage to growth-stage tech startups from emerging markets are funded.
Locked Locked Locked
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Investor details for VerSe

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by VerSe

VerSe has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Eterno Infotech, GolBol and Magzter.

Investments
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Investment portfolio details for VerSe

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Social networking application for photos sharing
Locked Locked 2018 Locked
Digital magazines and newspapers are distributed via an online platform.
Locked Locked 2011 Locked
Social media marketing and SEO services are provided by Valueleaf.
Locked Locked 2006 Locked
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Complete acquisition details for VerSe

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - VerSe

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Detailed financials for VerSe

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Verse Comparisons

VerSe Primary company
Description
Developer of a short-video platform and technology infrastru...
Location
Bengaluru, India
Founded Year
2007
Annual Revenue
$217.45 M (USD)
Net Profit
-$229.61 M (USD)
EBITDA
$55.77 M (USD)
Employees
779
As of 2025
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Peer comparison for VerSe

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
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Competitors of VerSe

VerSe operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kuaishou Technology, YouTube, Toutiao, News Break and Dailymotion, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Social platform for sharing short videos
Locked Locked Locked
User-generated videos and content are shared and streamed online.
Locked Locked Locked
Personalized news aggregator app
Locked Locked Locked
Multi-category news is aggregated online by News Break.
Locked Locked Locked
Web and mobile video sharing and streaming platform
Locked Locked Locked
Media content is shared on an app-based social network platform.
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Detailed competitors of VerSe

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Verse

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Complete news archive for VerSe

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about VerSe

VerSe was founded in 2007.

VerSe is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

VerSe is a funded company, having raised a total of $2.02B across 19 funding rounds to date.

As of Apr 01, 2025, the latest employee count at VerSe is 779.

Annual revenue of VerSe is $217.45M as on Mar 31, 2023.

VerSe was founded in 2007 in Bengaluru, India, within the digital media and technology sector. A short-video platform is operated to enable content consumption in local languages, alongside a creator program that supports influencer growth. Technology infrastructure is provided to serve a substantial user base, with associated applications and services maintained for enhanced functionality.

VerSe's top competitors include Kuaishou Technology, YouTube and DailyHunt.

VerSe offers Josh App, Creator Program, and Josh Studios.

VerSe has made 4 acquisitions, including Eterno Infotech, GolBol, and Magzter.

VerSe has 45 investors. Key investors include Microsoft, Google, India Infoline, IIFL Finance, and Goldman Sachs.

The valuation of VerSe is $5B as of Apr 2022.

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