VerSe

Bengaluru, India Founded: 2007 • Age: 19 yrs Unicorn
Developer of a short-video platform and technology infrastructure

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
  • Sectors
    Media & 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
Key Metrics
  • 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

  • Investors
    Microsoft

    & 53 more

  • Employee Count
    541
  • Investments & Acquisitions

Products & Services of VerSe

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

Josh App
Short Video Platform

App for creating and viewing short videos in local languages

Creator Program
Content Support Service

Initiative to help creators produce and monetize videos

Josh Studios
Event and Platform Service

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.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2024$6.02MDebt – Conventional––
Apr 2022$805MSeries J$5BCPP Investments
Feb 2022$5.59MSeries I––
Jan 2022$243.52MSeries I$4.26BCPP Investments
May 2021$450MSeries I$•••••Siguler Guff, Baillie Gifford
Nov 2020$226.84MSeries H$•••••Qatar Investment Authority, Glade Brook Capital
Apr 2020$63.4MSeries G$•••••Lupa Systems
Jan 2020–Debt – Venture––
Jul 2019$3MSeries F$•••••–
May 2019$22.12MSeries F$•••••Sofina
–
Valuation history
DateValuationStage
Apr 2022$5B••••••••
Jan 2022$4.26B••••••••
May 2021$•••••••••••••
Nov 2020$•••••••••••••
Apr 2020$•••••••••••••
Jul 2019$•••••••••••••
May 2019$•••••••••••••
Feb 2019$•••••••••••••
Premium access

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture debt funding and structured finance for innovative startups in India.
2018alteriacapital.comMumbai, India
Venture capital investments are provided by Sofina to emerging companies.
–sofinagroup.comBrussels, Belgium
Early-stage to growth-stage tech startups from emerging markets are funded.
–sumeruventure.comLos Angeles, United States
Catamaran is engaged in venture capital and private equity investments.
–catamaran.inBengaluru, India
Private equity firm focused on buyouts
–sigulerguff.comNew York, United States
Private equity investments are directed toward multiple sectors.
1986carlyle.comWashington, Dc, United States
Private debt and equity funds are managed for technology sectors.
–trifectacapital.inGurugram, India
Venture capital is directed toward companies in multiple sectors.
–sixteenthstreetcapital.comSingapore, Singapore
Private equity firm investing in multiple sectors
–bcap.londonLondon, United Kingdom
Multistage investments are directed toward technology, healthcare, and climate sectors.
–b.capitalManhattan Beach, United States
Premium access

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.

DirectorDesignationAppointedTenureEntity
Virendra Kumar Gupta
DIN 01828528
Managing Director13 Apr 200719 yrs 6 moVer Se Innovation Private Limited
Vikram Vaidyanathan
DIN 06764019
Nominee Director18 Sep 201412 yrs 1 moVer Se Innovation Private Limited
Umang Bedi
DIN 02432920
Whole-time director24 Apr 20206 yrs 5 moVer Se Innovation Private Limited
Sulabh Arya
DIN 09166446
Director07 May 20215 yrs 5 moVer Se Innovation Private Limited
Yana Vladimirovna Kachurina
DIN 09364753
Director19 Oct 20215 yrsVer Se Innovation Private Limited
Neeraj Bharadwaj
DIN 01314963
Director24 Jan 20224 yrs 8 moVer Se Innovation Private Limited
Prakul Kaushiva
DIN 08285582
Director19 May 20224 yrs 5 moVer Se Innovation Private Limited
Utsav Mitra
DIN 08958349
Director20 Jan 20233 yrs 8 moVer Se Innovation Private Limited
Surendra Jain
DIN 09837558
Director20 Jan 20233 yrs 8 moVer Se Innovation Private Limited
Nitin Kukreja
DIN 02278283
Director19 May 20233 yrs 5 moVer Se Innovation Private Limited
Deepak Dara
DIN 10188023
Director02 Aug 20242 yrs 2 moVer Se Innovation Private Limited

People of VerSe

26 people are tracked at VerSe (10 in leadership, 16 in team); the tracked headcount is 541.

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
Shailendra Sharma
FounderLeadership
Amit Rai
Head, Programmatic MonetizationLeadership
Santosh Kulkarni
Senior Director Of EngineeringLeadership
Amarjit T.
Chief ArchitectLeadership
Venkatesh Adavi
VP, Monetization, Strategy and PartnershipsLeadership
Maya John
Chief People OfficerLeadership
Samir Vora
CMOLeadership
Ajay Kumar Gehlawat
Sr. Director - Ad TechLeadership
Abdul Munaff
Lead QA EngineerTeam
Safia Jamal
Lead Software EngineerTeam
Muktha Raj
Asst ManagerTeam
Ayush Banka
Principal Software EngineerTeam
Rohit Kadam
Software EngineerTeam
Samarpit Khare
Principal Software EngineerTeam
Vidhyalakshmi T.a
Lead- Content Alliances And PartnershipsTeam
Norzeen Tenzing
Manager - HR And AdministrationTeam
Deepak Gupta
Lead Software EngineerTeam
Rekha Mour
Senior Software EngineerTeam

6 more people are available in the full profile.

Premium access

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.

Premium access

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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Social media marketing and SEO services are provided by Valueleaf.
valueleaf.comBengaluru, India2006Aug 2024••••
Digital magazines and newspapers are distributed via an online platform.
magzter.comChennai, India2011Apr 2024••••
Social networking application for photos sharing
golbol.inMumbai, India2018Oct 2021••••
Mobile application developer
eternoinfotech.comBengaluru, India2005Mar 2012••••
Premium access

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.

  1. Founded VerSe is founded.
  2. Funding First funding round of $279K.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires Eterno Infotech.
  5. Milestone Reaches Soonicorn status.
  6. Milestone Reaches Unicorn status.
  7. Acquisition Acquires GolBol.
  8. Funding Latest funding round, Debt – Conventional, of $6.0M.
  9. Acquisition Acquires Magzter.
  10. 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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
kuaishou.com2011Haidian, China$4.79B8,000
Social platform for sharing short videos
youtube.com2005San Bruno, United States$11.5M–
User-generated videos and content are shared and streamed online.
toutiao.com2012Beijing, China$3.1B–
Personalized news aggregator app
newsbreak.com2015Mountain View, United States$140.24M122
Multi-category news is aggregated online by News Break.
dailymotion.com2005Paris, France$148.4M–
Web and mobile video sharing and streaming platform
sharechat.com2015Bengaluru, India$1.2B589
Media content is shared on an app-based social network platform.
dailyhunt.in2009Bengaluru, India$129.01M942
Multi-category news is curated and delivered in multiple languages.
triller.co2015Los Angeles, United States$400M86
Music videos are created and shared through a mobile platform.
bigo.sg2014Singapore$272M–
Video-based social media platform and related services provider
Premium access

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 visits
    5.6K

    ▲ 17.1% vs previous month

Similar websites

Websites whose visitors overlap most with VerSe. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform connecting readers and writers, offering digital literature in multiple languages
2014Bengaluru, Karnataka, IndiaUSD 92.65 MUSD 6.84 M162
Customizable smart lock screen experiences are developed for mobile devices.
2019Bengaluru, Karnataka, IndiaUSD 390 MUSD 73.11 M493
App-based bookkeeping solutions are offered for small business management.
2018Bengaluru, Karnataka, IndiaUSD 186.62 MUSD 165.88 K–
Vernacular-based hyperlocal platform for online programming mentoring is developed.
2014Chennai, Tamil Nadu, IndiaUSD 3.9 MUSD 4.13 M496
Multi-category news is curated and delivered in multiple languages.
2009Bengaluru, Karnataka, IndiaUSD 129.01 M–942
Subscription-based streaming of dramas, anime, movies, and shows is offered.
2010Haidian, Beijing, ChinaUSD 2.04 BUSD 3.8 B3,370
Audiobooks and stories in multiple Indian languages are provided.
2018Mumbai, Maharashtra, IndiaUSD 122.32 MUSD 12.17 M310
Media content is shared on an app-based social network platform.
2015Bengaluru, Karnataka, IndiaUSD 1.2 BUSD 86.42 M491
News articles from various sources are aggregated and summarized concisely.
2013Noida, Uttar Pradesh, IndiaUSD 124.63 MUSD 22.15 M–
Video streaming platform operated for on-demand entertainment access.
2015Hong Kong, ChinaUSD 410 M––
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • ✓
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • ✓
    Full access to every database India & global coverage, advanced filters and rich profile details
  • ✓
    Always-on access from your team account Single premium plan for everything you see on the portal

Related news about Verse

Premium access

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.

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.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available