VerSe was founded in the year 2007, as a pioneering expedition in the consumer-facing internet business.
The organisation from its inception was heavily indented towards the leading edge of technological development. It sought to bridge the urban-rural digital divide in the country.
With a substantial footprint in the value-added service ecosystem, VerSe broke new ground in the content and entertainment domain.
This foray was augmented in large part owing to the company’s heavy investment in Artificial Intelligence and Machine Learning.
The efforts resulted in a proprietary technology that powers a platform occupied by 300 million+ users to consume content in their local language.
In continuation with its ability to gauge the pulse of the nation, VerSe engaged its technological tool kit and the brilliant minds that drive this technology to launch India’s leading short video app - Josh, an app that has crossed over 100 million downloads.
Today, VerSe Innovation is a content technology platform company and India’s first tech unicorn focused on local languages.
Verse has raised a total of $37.6M in funding over 7 rounds. Their latest funding was raised on May 31, 2019 from a Venture - Series Unknown round.Verse is funded by 24 investors. Charlie Songhurst and David Stern are the most recent investors.Verse has a post-money valuation in the range of $50M to $100M as of May 19, 2017, according to PrivCo. Sign up for a free trial to view exact valuation and search companies with similar valuations.