VerSe Innovation posts 88% revenue growth, cuts burn by 20% in FY25

NEW DELHI: VerSe Innovation, the Bengaluru-based local language technology and AI-driven platform, reported an 88% year-on-year rise in revenue from operations to ₹1,930 crore in FY25, up from ₹1,029 crore in FY24. Total revenue grew 64% to ₹2,071 crore.

The company also reduced its EBITDA burn by 20%, from ₹920 crore in FY24 to ₹738 crore in FY25. EBITDA margin improved from –89% to –38%, backed by tighter cost controls and improved operating efficiency.

Cost efficiency improves

Cost of services as a percentage of revenue from operations dropped to 77% from 112% a year earlier. Excluding server lease and software charges, the ratio fell to 56% from 83%. Other operating expenses also declined to 61% of revenue from 77% in FY24.

These audited results were adopted at the company’s annual general meeting.

Path to profitability

VerSe expects to reach group-level EBITDA break-even and profitability in the second half of FY26. The company said its growth strategy is being driven by AI-led product innovation, disciplined cost management, and revenue expansion.

The monetisation engine NexVerse.ai is being used to enhance advertiser return on investment with data-driven insights. Dailyhunt Premium, integrated with Magzter, is expanding the subscription base, while Josh Audio Calling and Verse Collab aim to deepen creator and community engagement.

The firm has also completed the acquisition of Magzter and ValueLeaf, strengthening its presence in premium content and enterprise engagement solutions.

Strong capital position

VerSe said it remains well-capitalised and will continue investing in AI-powered solutions and acquisitions to scale platforms. “We are committed to building long-term value for stakeholders while redefining local-language content, commerce and community engagement across India and beyond,” the company stated.