VerSe Innovation, the AI-driven parent company of Dailyhunt and Josh, has appointed Prakashan Manikoth as Group CFO. Based in Bengaluru, his appointment comes as the company accelerates its profitability goals and prepares for a potential IPO.
Manikoth will lead global finance operations, focusing on IPO readiness, corporate governance, investor relations, and financial discipline.
With over 25 years of experience across TATA Group, Wipro, and most recently as CFO at SaaS unicorn LeadSquared, he brings deep expertise in financial transformation and scaling global operations.
VerSe, which achieved 88% revenue growth to ₹2,071 crore in FY25 while reducing burn by 20%, is targeting profitability in the second half of the fiscal year. Manikoth aims to strengthen its financial foundation as VerSe evolves into a global AI-led technology company.