Startup Atlas · AdTech

VerSe Innovation Unicorn

Ver Se Innovation Private Limited Bengaluru, Karnataka Founded 2007 verse.in ↗
Virendra Gupta · Founder Umang Bedi · Co-founder
$1.68 BnTotal funding (tracked)
14Funding rounds
7 Feb 2024Last round

VerSe Innovation: Financial Breakdown

Figures below are FY2024, standalone basis, compiled from filings and disclosures — every year cited to its source.

₹1,029 Cr revenue from operationsTotal revenue · -29.4% YoY
₹710 Cr EBITDA loss (on ₹1,261 Cr consolidated operating revenue, per company press release — different basis than the standalone figures above)EBITDA
₹889 Cr net lossNet loss · loss narrowed 53.4% YoY

Revenue by fiscal year

050100150200$M₹964.7 Cr operating revenue (₹1,150.9 Cr total revenue incl. other income): $129.5M130FY2022₹1,456.5 Cr operating revenue (₹1,808.5 Cr total revenue incl. other income): $181.2M181FY2023₹1,029 Cr revenue from operations: $124.3M124FY2024

Net profit / loss by fiscal year

-400-300-200-1000$M₹2,563.3 Cr net loss: $-344.1M-344FY2022₹1,909.7 Cr net loss: $-237.5M-238FY2023₹889 Cr net loss: $-107.4M-107FY2024

Bars below the line are a net loss for that year.

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2024 ₹1,029 Cr revenue from operations ₹710 Cr EBITDA loss (on ₹1,261 Cr consolidated operating revenue, per company press release — different basis than the standalone figures above) ₹889 Cr net loss source
FY2023 ₹1,456.5 Cr operating revenue (₹1,808.5 Cr total revenue incl. other income) ₹1,909.7 Cr net loss source
FY2022 ₹964.7 Cr operating revenue (₹1,150.9 Cr total revenue incl. other income) ₹2,563.3 Cr net loss source

Nothing here is blurred or gated — every figure Atlas has is shown in full, free.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: cloud.google.com · Last verified 7 Sep 2026. · Report a correction