People · Consumer Internet & Media

VerSe appoints Prasanna Prasad as CPTO

By Startup Enthusiast · 9 April 2026

What they do

VerSe runs AI-powered local-language platforms including Dailyhunt and Josh

Prasanna Prasad joins as CPTO to lead engineering, product and data science

He will accelerate AI-led innovation across VerSe's portfolio

VerSe Innovation has appointed Prasanna Prasad as its Chief Product and Technology Officer (CPTO), effective 9 April 2026.
He will oversee engineering, product and data science functions across the company.
His mandate is to accelerate AI-led innovation across VerSe's portfolio, including Dailyhunt, Josh and other products.
Prasanna Prasad previously served as CTO and Head of Product and AI at Verve Group Inc.
He brings over 20 years of experience in product engineering, data science and large-scale platform development.
His expertise includes cloud-native systems and AI-driven products.
He has worked across the US, India and Europe.

AI is central to how digital platforms are built, scaled and monetised, said co-founder Umang Bedi.
VerSe's operating revenue grew to Rs 1,930 crore in FY25 from Rs 1,029 crore in FY24.
The company has raised over $1.5 billion and was last valued at $5 billion.

VerSe operates an AI-powered local-language platform serving over 350 million users.
Its products include Dailyhunt (news aggregator), Josh (short video app), NexVerse.ai, Dailyhunt Premium and VerSe Collab.
Josh is described as India's fastest growing short video app.
The company is headquartered in Bengaluru.
VerSe's operating revenue was Rs 1,930 crore in FY25, up from Rs 1,029 crore in FY24.

His goal is to improve user engagement and monetisation.
VerSe expects group-level profitability in H2 FY26 (some sources say H2 FY25, but most agree on H2 FY26).