VerSe Innovation
VerSe Innovation powers India's fastest growing short video app, Josh, which serves over 300 million users with content in their local languages. Valued at $5 billion, the company supports creators through initiatives like Josh Studios and various collaborations.
Services
VerSe Innovation powers India's fastest growing short video app, Josh. This app allows users to create and consume content in their local languages. Additionally, Josh provides several engagement opportunities through collaborations with other entities. For example, it has partnered with Manchester City's #SameGoals Initiative and Shemaroo to deliver exciting challenges to its users. It also offers a user community access to participate in prestigious events like the IIFA Awards.
Technological Platform
VerSe Innovation's proprietary technology platform supports over 300 million users. The platform has the capability to deliver content in multiple local languages, optimizing user experience. Their collaboration with D-ID brings facial animation technology to Indian short-video users, continually enhancing the platform's appeal and functionality.
Josh Studios Initiatives
Josh Studios, part of VerSe Innovation, focuses on creating opportunities for young content creators in India. Through various programs like CreatoThon in Pondicherry and the 'World Famous' talent hunt in Rajasthan, they mentor and facilitate budding creators. Josh Studios also hosts events such as the JFLIX Film Festival to celebrate short-video content and drive maximum engagement among users.
Funding and Valuation
VerSe Innovation has significant financial backing to support its growth and expansion. It is currently valued at $5 billion and recently raised $805 million in funding. This financial influx allows the company to invest in technology, expand its user base, and support various content creation initiatives.
Headquarters
VerSe Innovation is headquartered at Helios Business Park, Outer Ring Road, Kadubeesanahalli, Bengaluru, Karnataka. This location serves as the central hub for their operations, driving the company's multiple initiatives and technological advancements.