VerSe Innovation acquires majority stake in Valueleaf Group

The partnership is set to bring VerSe Innovation an additional $100M in revenue

e4m by e4m Staff
Published: Aug 28, 2024 8:23 AM  | 2 min read
VerSe Innovation Valueleaf Group
  • e4m Twitter

VerSe Innovation has announced the acquisition of a majority stake in Valueleaf Group.

Valueleaf and VerSe Innovation’s partnership is poised to drive significant growth for VerSe Innovation, with a projected additional $100M in revenue and 10% EBITDA margins in FY25.

Virendra Gupta and Umang Bedi, Co-founders of VerSe Innovation, stated, “The acquisition of Valueleaf Group is not only a testament to our commitment to delivering exceptional results for brands but also positions us for substantial revenue growth. By integrating Valueleaf’s data-driven insights with our ad tech platform, we anticipate a marked increase in advertising efficiency and effectiveness, driving higher-value partnerships. We are confident that this acquisition will solidify our trajectory of becoming India’s largest digital media tech conglomerate.”

Satish Saraf and Srikanth Bureddy, Co-Founders of Valueleaf Group, remarked, “We look forward to combining our strengths with VerSe Innovation’s extensive digital media ecosystem, to deliver exceptional performance marketing solutions. By integrating our innovative data-driven strategies & technologies with VerSe Innovation’s robust platforms, we are poised to elevate our impact and drive superior outcomes for brands. This partnership reinforces our goal to the opportunities in the performance marketing sector and paving the way for exciting new opportunities.”

This acquisition aligns with VerSe Innovation’s journey to becoming India’s largest digital media tech conglomerate. Recently, VerSe Innovation acquired Magzter to enhance its portfolio with premium English language content. The addition of Valueleaf Group further strengthens VerSe Innovation’s portfolio, ensuring a comprehensive full ad stack solution and creating value for all stakeholders.

Published On: Aug 28, 2024 8:23 AM