
VerSe Innovation
Founded Year
2007Stage
Debt | AliveTotal Raised
$1.68BLast Raised
$6.25M | 2 yrs agoRevenue
$0000About VerSe Innovation
VerSe Innovation specializes in content consumption and short video entertainment. The company's proprietary technology platform enables users to consume content in their local language and powers Josh, India's short video app. VerSe Innovation primarily serves the digital entertainment and local language content sectors. It was founded in 2007 and is based in Bengaluru, India.
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Expert Collections containing VerSe Innovation
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
VerSe Innovation is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,309 items
Future Unicorns 2019
50 items
Digital Content & Synthetic Media
1,009 items
The Digital Content collection includes companies that use technology to create, manage, and distribute digital content under all forms, including images, videos, audio, and text, among others.
Latest VerSe Innovation News
Oct 27, 2025
Manikoth has more than 25 years of experience across Wipro, TCS, Tata Teleservices, and LeadSquared. At Wipro, he managed finance for global operations, and at TCS, he led finance for its emerging markets and core banking business units. Before joining VerSe, he served as CFO of LeadSquared, where he helped expand global operations. VerSe operates an AI-powered local language technology platform that delivers personalized content to over 350 million users through Dailyhunt, and supports creators through Josh, India’s leading short video app. Its portfolio also includes NexVerse.ai, Dailyhunt Premium, and VerSe Collab, which offer AI-driven digital content and creator tools. As per TheKredible, VerSe Innovation’s operating revenue jumped to Rs 1,930 crore in FY25 from Rs 1,029 crore in FY24. The company expects to breakeven and achieve group-level profitability in the second half of FY25. VerSe is backed by investors such as CPP Investments, Ontario Teachers’ Pension Plan, Qatar Investment Authority, Carlyle Group, Baillie Gifford, Goldman Sachs, and Peak XV. As of now, the Bengaluru-based company has raised over $1.5 billion and was valued at $5 billion in its last round.
VerSe Innovation Frequently Asked Questions (FAQ)
When was VerSe Innovation founded?
VerSe Innovation was founded in 2007.
Where is VerSe Innovation's headquarters?
VerSe Innovation's headquarters is located at Outer Ring Road, Kadubeesanahalli, Bengaluru.
What is VerSe Innovation's latest funding round?
VerSe Innovation's latest funding round is Debt.
How much did VerSe Innovation raise?
VerSe Innovation raised a total of $1.68B.
Who are the investors of VerSe Innovation?
Investors of VerSe Innovation include Alteria Capital, ByteDance, Sofina, Scottish Mortgage Investment Trust, CPP Investments and 25 more.
Who are VerSe Innovation's competitors?
Competitors of VerSe Innovation include Hotify Technologies.
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Compare VerSe Innovation to Competitors

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Zite offers a magazine-style reading app for the Apple iPad. Zite evaluates millions of new stories every day, looking at the type of article, its key attributes and how it is shared across the web. Zite uses this information to match stories to your interests and then delivers them automatically to the iPad or iPhone.

Hotify builds a cloud Intelligence platform (CIP) enabling artificial intelligence adoption across enterprises in diverse sectors and replacing skills-based workers. It offers a curriculum-based self-learning system that adapts to each ecosystem, imbibes all structured and unstructured data, understands cognitive intent at the user level or at the business level, and produces cognitive delight. It was founded in 2015 and is based in Bengaluru, India.
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