
About VerSe
VerSe is a Media & Entertainment company based in Bengaluru (India) founded in 2007 by Umang Bedi, Virendra Gupta, and Shailendra Sharma. It operates as a developer of a short-video platform and technology infrastructure. VerSe has raised $1.68 billion across 20 funding rounds from investors including Microsoft, Google and India Infoline. The company has 541 employees. VerSe has completed 4 acquisitions, including Eterno Infotech, GolBol and Magzter. VerSe was last valued at $4.23 billion in July 2022. Its Indian entity Ver Se Innovation Private Limited reported revenue of ₹2,071 Cr. VerSe offers products and services including Josh App, Creator Program, and Josh Studios. Its focus areas include Consumer, Vernacular Platforms, Social Media Platforms and Social Networks. Its competitors include Kuaishou Technology, YouTube, Toutiao, News Break and Dailymotion and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
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.
- Headquarters Bengaluru, India
- Employees 541
- Founders Umang Bedi, Virendra Gupta, Shailendra Sharma
- Stage Unicorn
- SectorsMedia & Entertainment
- Email••••••••
- Website verse.in
- Social LinkedIn X
- Legal Name Ver Se Innovation Private Limited
- Date of Incorporation 13 Apr, 2007
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹2,071 Cr
FY 2025 · +64% YoY
- Net Loss-₹976 Cr
FY 2025 · -47% margin
- EBITDA-₹826 Cr
FY 2025 · -40% margin
- Total Equity Funding$1.68B (USD)
in 20 rounds
- Latest Funding Round$6.02M (USD), Debt – Conventional
Feb 2024
- InvestorsMicrosoft
& 53 more
- Employee Count541
- Investments & AcquisitionsEterno Infotech
& 3 more
Associated legal entities of VerSe
VerSe operates through Ver Se Innovation Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ver Se Innovation Private Limited CIN U72200KA2007PTC042493 | Active | 13 Apr 2007 | Bangalore, Karnataka | ₹2,071 Cr | 779 | 12 | View details |
Products & Services of VerSe
VerSe offers a comprehensive portfolio of products and services, including Josh App, Creator Program, and Josh Studios.
App for creating and viewing short videos in local languages
Initiative to help creators produce and monetize videos
Program for hosting events and building creator communities
Funding Insights of VerSe
VerSe has successfully raised a total of $1.68B across 20 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.
- Total Funding $1.68B
- Total Rounds 20
- Last Round Debt – Conventional — $6.02M
- First Round $279,035
(Oct 2007)
- Investors Count 54
Latest 10 of 20 funding rounds of VerSe with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2024 | $6.02M | Debt – Conventional | – | – | |
| Apr 2022 | $805M | Series J | $5B | CPP Investments | |
| Feb 2022 | $5.59M | Series I | – | – | |
| Jan 2022 | $243.52M | Series I | $4.26B | CPP Investments | |
| May 2021 | $450M | Series I | $••••• | Siguler Guff, Baillie Gifford | |
| Nov 2020 | $226.84M | Series H | $••••• | Qatar Investment Authority, Glade Brook Capital | |
| Apr 2020 | $63.4M | Series G | $••••• | Lupa Systems | |
| Jan 2020 | – | Debt – Venture | – | – | |
| Jul 2019 | $3M | Series F | $••••• | – | |
| May 2019 | $22.12M | Series F | $••••• | Sofina | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2022 | $5B | •••••••• |
| Jan 2022 | $4.26B | •••••••• |
| May 2021 | $••••• | •••••••• |
| Nov 2020 | $••••• | •••••••• |
| Apr 2020 | $••••• | •••••••• |
| Jul 2019 | $••••• | •••••••• |
| May 2019 | $••••• | •••••••• |
| Feb 2019 | $••••• | •••••••• |
Full valuation and stage history of VerSe
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $4.23B (Jul 2022). 54 investors in total: 51 institutional and 3 angel.
Investors in VerSe
VerSe has secured backing from 54 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Microsoft, Google and India Infoline.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture debt funding and structured finance for innovative startups in India. | 2018 | alteriacapital.com | Mumbai, India | |
Venture capital investments are provided by Sofina to emerging companies. | – | sofinagroup.com | Brussels, Belgium | |
Early-stage to growth-stage tech startups from emerging markets are funded. | – | sumeruventure.com | Los Angeles, United States | |
Catamaran is engaged in venture capital and private equity investments. | – | catamaran.in | Bengaluru, India | |
Private equity firm focused on buyouts | – | sigulerguff.com | New York, United States | |
Private equity investments are directed toward multiple sectors. | 1986 | carlyle.com | Washington, Dc, United States | |
Private debt and equity funds are managed for technology sectors. | – | trifectacapital.in | Gurugram, India | |
Venture capital is directed toward companies in multiple sectors. | – | sixteenthstreetcapital.com | Singapore, Singapore | |
Private equity firm investing in multiple sectors | – | bcap.london | London, United Kingdom | |
Multistage investments are directed toward technology, healthcare, and climate sectors. | – | b.capital | Manhattan Beach, United States |
Investor details for VerSe
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ver Se Innovation Private Limited (VerSe)
Ver Se Innovation Private Limited is the primary company behind VerSe. The board of Ver Se Innovation Private Limited currently have 11 directors; the longest-serving is Virendra Kumar Gupta, appointed in 2007. 30 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Virendra Kumar Gupta DIN 01828528 | Managing Director | 13 Apr 2007 | 19 yrs 6 mo | Ver Se Innovation Private Limited |
| Vikram Vaidyanathan DIN 06764019 | Nominee Director | 18 Sep 2014 | 12 yrs 1 mo | Ver Se Innovation Private Limited |
| Umang Bedi DIN 02432920 | Whole-time director | 24 Apr 2020 | 6 yrs 5 mo | Ver Se Innovation Private Limited |
| Sulabh Arya DIN 09166446 | Director | 07 May 2021 | 5 yrs 5 mo | Ver Se Innovation Private Limited |
| Yana Vladimirovna Kachurina DIN 09364753 | Director | 19 Oct 2021 | 5 yrs | Ver Se Innovation Private Limited |
| Neeraj Bharadwaj DIN 01314963 | Director | 24 Jan 2022 | 4 yrs 8 mo | Ver Se Innovation Private Limited |
| Prakul Kaushiva DIN 08285582 | Director | 19 May 2022 | 4 yrs 5 mo | Ver Se Innovation Private Limited |
| Utsav Mitra DIN 08958349 | Director | 20 Jan 2023 | 3 yrs 8 mo | Ver Se Innovation Private Limited |
| Surendra Jain DIN 09837558 | Director | 20 Jan 2023 | 3 yrs 8 mo | Ver Se Innovation Private Limited |
| Nitin Kukreja DIN 02278283 | Director | 19 May 2023 | 3 yrs 5 mo | Ver Se Innovation Private Limited |
| Deepak Dara DIN 10188023 | Director | 02 Aug 2024 | 2 yrs 2 mo | Ver Se Innovation Private Limited |
People of VerSe
26 people are tracked at VerSe (10 in leadership, 16 in team); the tracked headcount is 541.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Shailendra Sharma | Founder | Leadership |
Amit Rai | Head, Programmatic Monetization | Leadership |
Santosh Kulkarni | Senior Director Of Engineering | Leadership |
Amarjit T. | Chief Architect | Leadership |
Venkatesh Adavi | VP, Monetization, Strategy and Partnerships | Leadership |
Maya John | Chief People Officer | Leadership |
Samir Vora | CMO | Leadership |
Ajay Kumar Gehlawat | Sr. Director - Ad Tech | Leadership |
Abdul Munaff | Lead QA Engineer | Team |
Safia Jamal | Lead Software Engineer | Team |
Muktha Raj | Asst Manager | Team |
Ayush Banka | Principal Software Engineer | Team |
Rohit Kadam | Software Engineer | Team |
Samarpit Khare | Principal Software Engineer | Team |
Vidhyalakshmi T.a | Lead- Content Alliances And Partnerships | Team |
Norzeen Tenzing | Manager - HR And Administration | Team |
Deepak Gupta | Lead Software Engineer | Team |
Rekha Mour | Senior Software Engineer | Team |
6 more people are available in the full profile.
Complete people profiles for VerSe
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of VerSe
Figures of Ver Se Innovation Private Limited, the primary company behind VerSe, for FY 2025. Revenue was ₹2,071 Cr (+64% year on year). Net loss was -₹976 Cr (-47% margin). EBITDA was -₹826 Cr (-40% margin). Revenue has grown at a compounded annual rate of +22% over three years and +46% over five years.
- ₹2,071 CrRevenue · FY 2025 · +64% YoY
- -₹976 CrNet loss · -47% margin
- -₹826 CrEBITDA · -40% margin
- ₹1.34 CrPaid-up capital
- 779Employees (provident fund records)
- +22%Revenue CAGR, 3 years
- +46%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ver Se Innovation Private Limited are on its company page.
Detailed financial statements for VerSe
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Social media marketing and SEO services are provided by Valueleaf. | valueleaf.com | Bengaluru, India | 2006 | Aug 2024 | •••• | |
Digital magazines and newspapers are distributed via an online platform. | magzter.com | Chennai, India | 2011 | Apr 2024 | •••• | |
Social networking application for photos sharing | golbol.in | Mumbai, India | 2018 | Oct 2021 | •••• | |
Mobile application developer | eternoinfotech.com | Bengaluru, India | 2005 | Mar 2012 | •••• |
Complete acquisition details for VerSe
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of VerSe
10 dated milestones of VerSe across 17 years, from founding to its latest funding, stage changes and deals.
- Founded VerSe is founded.
- Funding First funding round of $279K.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Eterno Infotech.
- Milestone Reaches Soonicorn status.
- Milestone Reaches Unicorn status.
- Acquisition Acquires GolBol.
- Funding Latest funding round, Debt – Conventional, of $6.0M.
- Acquisition Acquires Magzter.
- Acquisition Acquires Valueleaf.
Competitors of VerSe
VerSe has 9 listed competitors in our database, 9 of them funded. They include Kuaishou Technology, YouTube, Toutiao, News Break and Dailymotion, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kuaishou.com | 2011 | Haidian, China | $4.79B | 8,000 | Social platform for sharing short videos | |
| youtube.com | 2005 | San Bruno, United States | $11.5M | – | User-generated videos and content are shared and streamed online. | |
| toutiao.com | 2012 | Beijing, China | $3.1B | – | Personalized news aggregator app | |
| newsbreak.com | 2015 | Mountain View, United States | $140.24M | 122 | Multi-category news is aggregated online by News Break. | |
| dailymotion.com | 2005 | Paris, France | $148.4M | – | Web and mobile video sharing and streaming platform | |
| sharechat.com | 2015 | Bengaluru, India | $1.2B | 589 | Media content is shared on an app-based social network platform. | |
| dailyhunt.in | 2009 | Bengaluru, India | $129.01M | 942 | Multi-category news is curated and delivered in multiple languages. | |
| triller.co | 2015 | Los Angeles, United States | $400M | 86 | Music videos are created and shared through a mobile platform. | |
| bigo.sg | 2014 | Singapore | $272M | – | Video-based social media platform and related services provider |
Detailed competitors of VerSe
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of VerSe
The website of VerSe (verse.in) receives about 5.6K visits a month.
- Monthly visits5.6K
▲ 17.1% vs previous month
Websites whose visitors overlap most with VerSe. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
glassdoor.co.in | glassdoor.co.in | 100% | – | #5,294 | – |
verseinnovation.com | verseinnovation.com | 32% | – | – | – |
Top companies in Vernacular Platforms
10 companies that operate in the same segment as VerSe (Vernacular Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform connecting readers and writers, offering digital literature in multiple languages | 2014 | Bengaluru, Karnataka, India | USD 92.65 M | USD 6.84 M | 162 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | USD 73.11 M | 493 | |
App-based bookkeeping solutions are offered for small business management. | 2018 | Bengaluru, Karnataka, India | USD 186.62 M | USD 165.88 K | – | |
Vernacular-based hyperlocal platform for online programming mentoring is developed. | 2014 | Chennai, Tamil Nadu, India | USD 3.9 M | USD 4.13 M | 496 | |
Multi-category news is curated and delivered in multiple languages. | 2009 | Bengaluru, Karnataka, India | USD 129.01 M | – | 942 | |
Subscription-based streaming of dramas, anime, movies, and shows is offered. | 2010 | Haidian, Beijing, China | USD 2.04 B | USD 3.8 B | 3,370 | |
Audiobooks and stories in multiple Indian languages are provided. | 2018 | Mumbai, Maharashtra, India | USD 122.32 M | USD 12.17 M | 310 | |
Media content is shared on an app-based social network platform. | 2015 | Bengaluru, Karnataka, India | USD 1.2 B | USD 86.42 M | 491 | |
News articles from various sources are aggregated and summarized concisely. | 2013 | Noida, Uttar Pradesh, India | USD 124.63 M | USD 22.15 M | – | |
Video streaming platform operated for on-demand entertainment access. | 2015 | Hong Kong, China | USD 410 M | – | – |
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Related news about Verse
Complete news archive for VerSe
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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Verified entity values are shown only after access is granted.
Articles about VerSe on our blog
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 $1.68B across 20 funding rounds to date. The company's 1st funding round was a Series F of $22.12M, raised on Oct 2007.
VerSe has 541 employees.
The primary company behind VerSe, Ver Se Innovation Private Limited, reported revenue of ₹2,071 Cr for FY 2025, up 64% year on year.
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 54 investors. Key investors include Microsoft, Google, India Infoline, IIFL Finance, and Goldman Sachs.
The valuation of VerSe is $4.23B as of Jul 2022.
VerSe operates through Ver Se Innovation Private Limited.
