VerSe joined the Unicorn Club on December 22, 2020 after reaching a $2.9 billion valuation. Headquartered in Bengaluru, Karnataka, India, VerSe develops a short-video platform and technology infrastructure that supports content consumption in local languages and fosters content creation through a creator program.
The platform provides tools for influencers, powers associated applications, and enables large-scale content engagement for users across India.
Keep reading to learn how VerSe became a leading vernacular social platform unicorn.
What Is VerSe and What Does It Do?
Founded in 2007, VerSe is a social media and technology platform focused on short-video content and vernacular engagement. The platform allows users to consume and create content in multiple local languages and provides programs for creators to grow their audience.
VerSe also develops and supports technology infrastructure and associated applications, enabling influencers to build a presence while fostering a large, engaged user base in India.
How Much Funding Has VerSe Raised?
1. Seed Round
- Amount Raised: $12 million
- Date: 2010
- Lead Investors: Baillie Gifford
- Purpose: Develop content platform and acquire initial user base
2. Series A Round
- Amount Raised: $45 million
- Date: 2014
- Lead Investors: CPP Investments
- Purpose: Scale platform infrastructure and expand content offerings
3. Series B Round
- Amount Raised: $100 million
- Date: 2017
- Lead Investors: Tiger Global Management
- Purpose: Expand short-video platform, enhance technology, and increase user engagement
4. Series C Round
- Amount Raised: $200 million
- Date: 2019
- Lead Investors: Baillie Gifford, CPP Investments
- Purpose: Strengthen technology infrastructure and expand creator programs
5. Conventional Debt
- Amount Raised: $6.02 million
- Date: February 2024
- Lead Investors: Existing investors
- Purpose: Support operations and platform expansion
Total Funding Raised: $1.9 billion Latest Funding Date: February 2024 Latest Known Valuation: $2.9 billion Employee Count: 610 as of August 2025
Key Investors
- Baillie Gifford
- Details: Global investment management firm
- Focus Areas: Technology, consumer internet, and high growth media platforms
- CPP Investments
- Details: Pension fund investing in growth and technology companies
- Focus Areas: Digital media, social platforms, and emerging markets
- Tiger Global Management
- Details: Investment firm backing high growth technology companies
- Focus Areas: Social platforms, marketplaces, and internet-first businesses
Where Is VerSe’s Headquarters?
VerSe is headquartered in Bengaluru, Karnataka, India, supporting its technology development, content platform operations, and creator programs.
What’s Next for VerSe?
VerSe plans to enhance its short-video platform, expand creator programs, and scale vernacular content offerings. The company is investing in technology infrastructure, user engagement tools, and monetization strategies to strengthen its position in India’s social media and vernacular content market.
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