About Ver Se Innovation Private Limited
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Ver Se Innovation Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 13 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2007PTC042493. Its GSTIN is 29AACCV5133G1ZB (Karnataka). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹19.27 Cr and a paid-up capital of ₹1.34 Cr. It is led by directors including Virendra Kumar Gupta (Managing Director) and Umang Bedi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,070.57 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net loss of ₹975.65 Cr (net margin -47.1%) and EBITDA of -₹825.96 Cr (EBITDA margin -39.9%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 46% over five years.
The company has about 779 employees on its provident fund (EPFO) records. Its group structure includes 6 subsidiaries.
The company is associated with 6 brands, including JoshCam, DailyLearn, DailyHunt, Click.in, Josh and others. As per MCA filings, the company has open charges of ₹242.21 Cr and satisfied charges of ₹465 Cr on record. Court records list 66 cases involving the company, including 45 filed by the company and 21 filed against it; 27 cases are pending. The company has 42 deals on record (21 secondary share transfers, 18 funding rounds, 1 rights issue), with disclosed funding of ₹14,235 Cr; the latest was in April 2024. Its 3 peer companies in the Media and Publishing industry (Advertising Agencies), with the same principal business activity (other information & communication service activities) are compared by revenue, 2 larger and 1 smaller; the largest is Karix Mobile Private Limited with revenue of ₹2,382.45 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2024, listing 168 overdue payments to 55 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website verse.in.
Company details
Contact details
Ver Se Innovation Private Limited's registered office is in Bangalore, Karnataka. Its website is verse.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMantri Commercio Spatium Offices, Unit 001 Tower A 5th Floor Outer Ring Road Near Sakra World Hospital Kariyammana Agrahara, Bangalore, Karnataka, India – 560103
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Ver Se Innovation Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Ver Se Innovation operates multiple associated brands including JoshCam, DailyLearn, and DailyHunt. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers an app-based platform for video editing and content creation. | joshcam.in | |
| An online platform offering courses and learning resources for school students. | dailylearn.in | |
| Multi-category news is curated and delivered in multiple languages. | dailyhunt.in | |
| Local multi-category businesses are listed online for nearby discovery. | click.in | |
| Short videos are shared on a social platform by users. | myjosh.in | |
| Developer of a short-video platform and technology infrastructure | verse.in |
Business activity
The main business activity of Ver Se Innovation is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Ver Se Innovation Private Limited, buy the company report.
Financials of Ver Se Innovation Private Limited
FY 2025 filings availableVer Se Innovation Private Limited reported revenue of ₹2,070.57 Cr (up 64% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 46% over five years, including 64% growth in the latest year. EBITDA fell 1% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹825.96 Cr | ||||
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| Net Profit (PAT) | -₹975.65 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -39.9% | ||||
| Net Profit Margin | -47.1% | ||||
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To see the full financial statements and ratios of Ver Se Innovation Private Limited, buy the company report.
Board of directors of Ver Se Innovation Private Limited
Ver Se Innovation has 11 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Dara | Director | 02 Aug 2024 | 2 Years 3 Months | Current |
| Neeraj Bharadwaj | Director | 24 Jan 2022 | 4 Years 9 Months | Current |
| Sulabh Arya | Director | 07 May 2021 | 5 Years 5 Months | Current |
| Prakul Kaushiva | Director | 19 May 2022 | 4 Years 5 Months | Current |
| Utsav Mitra Also directs: Hampshire House Management LLP, Advanta Enterprises Limited, Mensa Brand Technologies Private Limited and 4 more | Director | 20 Jan 2023 | 3 Years 9 Months | Current |
| Surendra Jain | Director | 20 Jan 2023 | 3 Years 9 Months | Current |
Peer comparison
Ver Se Innovation Private Limited is compared with the 3 companies closest to it by revenue in the Media and Publishing industry (Advertising Agencies), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Karix Mobile Private Limited | ₹2,382.45 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India | |||
| Affle 3I Limited | ₹2,360.07 Cr (FY 2025) | 24.0% | New Delhi, Delhi, India | |||
| Ver Se Innovation Private Limitedthis company | ₹2,070.57 Cr (FY 2025) | -₹975.65 Cr | -47.1% | 64.0% | 779 | Bangalore, Karnataka, India |
| Future Corporate Resources Limited | ₹1,915.29 Cr (FY 2016) | 26.0% | Mumabi, Maharashtra, India |
To see the full peer comparison of Ver Se Innovation Private Limited, buy the company report.
Auditor
Ver Se Innovation Private Limited is audited by Deloitte Haskins & Sells for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2023 | 008072S |
Shareholding
The shareholding of Ver Se Innovation Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ver Se Innovation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2023 | 100845039 | Others | ₹10 Cr | Open | |
| 09 Feb 2023 | 100745414 | Others | ₹110 Cr | Open | |
| 16 Sep 2022 | 100611368 | Others | ₹69 Cr | Open | |
| 17 Aug 2022 | 100614409 | Others | ₹18 Cr | Open | |
| 30 Sep 2021 | 100501171 | Others | ₹2.2 Cr | Open |
To see the full charge records of Ver Se Innovation Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Ver Se Innovation Private Limited has 42 deals on record (21 secondary share transfers, 18 funding rounds, 1 rights issue), with disclosed funding of ₹14,235 Cr; the latest was in April 2024.
Deals on record (5 of 42)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2017 | Rights issue | ₹12.76 Cr | Investors: Emergic Venture Capital, Netcore Private Limited , 2 individuals |
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: Omidyar Network, Matrix Partners India Investments LLC Seller: Onmobile Global Limited |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: Darby Private Equity, Ver Se Employees Stock Option Trust Seller: Onmobile Global Limited , 2 individuals |
| Feb 2011 | Secondary share transfer | Undisclosed | Buyer: Omidyar Network Seller: Onmobile Global Limited |
| Jul 2010 | Secondary share transfer | Undisclosed | Buyer: Matrix Partners India Investments LLC Seller: Onmobile Global Limited |
To see the full deal history of Ver Se Innovation Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ver Se Innovation Private Limited has 66 court cases on record: 45 filed by Ver Se Innovation, 21 filed against it. 27 cases are pending and 39 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 46 | 9 | 16 |
| High courts | 20 | 12 | 11 |
Cases on record (5 of 66)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Golden Key Steels Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Omkarpro Building Products Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Planet Marathi Seller Services Pvt. Ltd. | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Discovery Village LLP | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Zee Entertainment Enterprises Limited | Pending |
To see the full case history of Ver Se Innovation Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Ver Se Innovation Private Limited has 7 MSME Form 1 returns on record between 2019 and 2024, listing 168 overdue payments to 55 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 55)
To see the full MSME payment records of Ver Se Innovation Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ver Se Innovation has 6 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Greynium Information Technologies Private Limited | U72900KA2005PTC037160 | |
| High Ver Se Technologies Private Limited | U72900KA2022PTC160102 | |
| Ver Se Hi-Tech Solutions Private Limited | U74300KA2022PTC166989 | |
| Bmeg Private Limited | U74994KA2022PTC158974 | |
| Quark Media Tech Private Limited | U74999KA2018PTC114297 | |
| Innovative Ver Se Media Private Limited | U74999KA2022PTC160440 |
To see the full group structure of Ver Se Innovation Private Limited, buy the company report.
Employees & EPFO
Ver Se Innovation Private Limited has a workforce of 779 employees on its EPFO records as of Apr 01, 2025, across 1 active EPFO establishment.
GST
Ver Se Innovation has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCV5133G1ZB | Karnataka | Active | 01 Jul 2017 |
| 29AACCV5133G2ZA | Karnataka | Active | 01 Apr 2023 |
| 06AACCV5133G1ZJ | Haryana | Active | 18 Jul 2017 |
| 27AACCV5133G1ZF | Maharashtra | Active | 20 Jul 2017 |
To see the full GST registrations and return filing status of Ver Se Innovation Private Limited, buy the company report.
Recent activity
Ver Se Innovation Private Limited has 40 board changes on record since 2007: 11 appointments and 29 cessations. The latest: Chanchal Kumar ceased to be Company Secretary on 20 Dec 2024.
63 earlier events are in the company report.
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Frequently asked questions
Ver Se Innovation is an active private limited company based in Bangalore, Karnataka, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 13 April 2007 (19+ years old) and is registered under CIN U72200KA2007PTC042493.
Ver Se Innovation has 11 current directors:
- Virendra Kumar Gupta - Managing Director
- Umang Bedi - Whole-Time Director
- Deepak Dara - Director
- Neeraj Bharadwaj - Director
- Sulabh Arya - Director
- Prakul Kaushiva - Director
- Utsav Mitra - Director
- Surendra Jain - Director
- Vikram Vaidyanathan - Nominee Director
- Nitin Kukreja - Director
- Yana Vladimirovna Kachurina - Director
The latest financial statements of Ver Se Innovation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ver Se Innovation is 29AACCV5133G1ZB, registered in Karnataka. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 29AACCV5133G2ZA (Karnataka), 06AACCV5133G1ZJ (Haryana), 27AACCV5133G1ZF (Maharashtra).
The CIN (Corporate Identification Number) of Ver Se Innovation is U72200KA2007PTC042493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ver Se Innovation has 66 court cases on record: 45 filed by the company and 21 filed against it. 27 are pending. Most are in the district courts.
Ver Se Innovation was incorporated on 13 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Ver Se Innovation has 42 deals on record (21 secondary share transfers, 18 funding rounds, 1 rights issue), with disclosed funding of ₹14,235 Cr; the latest was in April 2024.
The peers of Ver Se Innovation by revenue are Karix Mobile Private Limited, Affle 3I Limited, Future Corporate Resources Limited, all in the Media and Publishing industry (Advertising Agencies), with the same principal business activity (other information & communication service activities).
Chanchal Kumar ceased to be Company Secretary on 20 Dec 2024. Deepak Dara ceased to be Additional Director on 25 Aug 2024. Deepak Dara was appointed as Director on 02 Aug 2024. Ver Se Innovation has 40 board changes on record in total.
Ver Se Innovation has 7 MSME Form 1 returns on record between 2019 and 2024, listing 168 overdue payments to 55 micro and small suppliers. The latest return was filed on 23 Apr 2024.
Ver Se Innovation can be reached through the website verse.in. Its registered office is in Bangalore, Karnataka, India.
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