VerSe Innovation to reach Ebitda break-even by FY25-end: Co-founder

After a period of heavy losses, India’s largest local language technology platform VerSe Innovation is focused on “profitable growth” and is looking to reach earnings before interest, taxes, depreciation and amortisation (Ebitda) break-even by the end of the current financial year (FY25), after which it will consider going public, a senior executive at the firm said.

VerSe operates short video platform Josh and news aggregator platform Dailyhunt.