VerSe Innovation

VerSe Innovation

Private
BangaloreMedia, Entertainment & Gaminghttps://verse.in/

Last Round

Debt

2/7/2024

Total Funding Raised

$1.6B

Company Overview

VerSe Innovation is a media and entertainment technology company that operates Dailyhunt, a local language content platform, and Josh, a short-video app.

Sector

Media, Entertainment & Gaming

Verticals

Digital Advertising, News & Media, User-Generated Content, Creator Economy, Personalization

Business Model

B2C

Customer Profile

Data as a Service, Marketplace Commission, Subscription SaaS

AI Layer

Application

Keywords

short-form video appnews aggregatorlocal language contentIndian TikTokAI personalizationcreator economy platformAdTech platformcontent recommendationvernacular contentdigital advertisinginfluencer marketplacehyperlocal newsin-app giftingcontent subscription

Historical Pricing

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Caplight Momentum Score

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VerSe Innovation Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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VerSe Innovation Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Debt2/7/2024
Series J4/5/2022
Series I Extension1/24/2022
Series I8/12/2021
Series H2/8/2021
Series G Extension
12/22/2020

Key People

Founding team and executive leadership

Sunil Kumar Mohapatra

Group CRO CEO - MENA

Executive Team

Prakashan Manikoth

Group Chief Financial Officer

Executive Team

Sandip Basu

Managing Partner And Group CFO

Executive Team

Abhilash Somanchi

Chief Operating Officer Magzter

Executive Team

VerSe Innovation Investors

Notable investors and investment history

InvestorRounds
MatrixSeries D
Alteria CapitalDebt
CPP InvestmentsSeries J, Series I Extension
SofinaSeries I, Series G
Sumeru VenturesSeries J
Luxor CapitalSeries J
India InfolineSeries I

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 9, 2026

    Prasanna Prasad appointed as the new Chief Product and Technology Officer.

  • Apr 1, 2026

    Claims its product is India's #1 content platform.

VerSe Innovation Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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VerSe Innovation Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about VerSe Innovation's valuation, stock price, and market status.

Firmographic Details

HeadquartersBangalore
Employee Range748
Year Founded2007
Last Funding2/7/2024

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