Verse’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Ver Se Innovation Private Limited | CIN: U72200KA2007PTC042493
VerSe Innovation, co-founded by Virendra Gupta, Umang Bedi, and Shailendra Sharma, is a leading technology company known for creating India's largest local language content platforms. Founded in 2007, VerSe operates short video and content platforms like Dailyhunt and Josh, empowering vernacular content creators and serving millions of users., is a leading technology company known for creating India's largest local language content platforms. Founded in 2007, VerSe operates short video and content platforms like Dailyhunt and Josh, empowering vernacular content creators and reaching millions of users across the country. Backed by ...
| Founded | 2007 |
|---|---|
| Headquarters | Bengaluru, India |
| Valuation | ~$1 Billion |
| Annual Revenue (FY23 est.) | ~$150 million |
| Net Profit (FY23 est.) | Negative (growth stage) |
| Employees | ~2,800 |
| Round | Year | Amount | Valuation | Investors |
|---|---|---|---|---|
| Series J | 2022 | $805M | Undisclosed | CPP Investments, Ontario Teachers' Pension Plan |
| Series I | 2022 | $244M | ~$1B | CPP Investments, Catamaran |
| Series I | 2021 | $450M | ~$1.08B | Siguler Guff, Baillie Gifford |
| Series H | 2020 | $227M | ~$835M | Qatar Investment Authority |
| Series G | 2020 | $63M | ~$598M | Goldman Sachs, Alpha Wave |
VerSe's revenue has surged from ~$100 million in FY22 to ~$220 million in FY24, reflecting strong growth driven by short video content and ad monetization. However, significant investments in content acquisition and technology continue to result in net losses as the company prioritizes rapid user and market expansion.
VerSe's expenses have risen alongside revenue growth, impacting margins. The company remains focused on long-term dominance rather than short-term profitability, with expectations for future improvements in unit economics as scale and operational efficiencies increase.
VerSe's employee strength has grown from around 2,000 in FY22 to approximately 3,500 in FY24, showcasing its aggressive hiring to support technology, content, and expansion initiatives. The growth emphasizes the company’s commitment to build a robust local language content ecosystem.
• Strengthen vernacular content leadership and creator ecosystem.
• Enhance monetization through advanced ad tech and commerce integrations.
• Expand international reach for short video platforms.
• Invest in AI-driven content personalization and moderation.
• Explore IPO or strategic partnerships in coming years.
VerSe has continued to attract major investments and partnerships, recently expanding its creator programs and announcing new monetization initiatives. The company remains a leader in India's short video and local language content market.
| Metric | Detail |
|---|---|
| Revenue Growth | Significant upward trend |
| Profitability | Still negative due to heavy investments |
| Employee Strength | Strong team expansion |
| Market Position | Leader in vernacular content and short video |
VerSe Innovation has emerged as a dominant force in India’s digital content landscape, bridging regional audiences through innovative vernacular platforms. With significant funding, robust team growth, and deep market penetration, VerSe is poised to further redefine local content consumption. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
Sources: Company websites, media reports, and publicly available funding data.