Bengaluru: VerSe Innovation, the AI-powered local language technology platform and parent company of Dailyhunt, Josh, Magzter and NexVerse.ai, has announced the appointment of P. R. Ramesh as an Independent Director on its Board. He will also serve as Chair of the Audit Committee, as the company strengthens its governance framework ahead of its next phase of growth.
A Chartered Accountant with over four decades of experience, P. R. Ramesh brings deep expertise in financial oversight, corporate governance, regulatory advisory, and board leadership. He is the former Chairman of Deloitte India and a former member of the Deloitte Global Board, having advised leading Indian and multinational corporations on governance, risk management, financial reporting standards, and regulatory compliance.
Over the course of his career, he has served on the boards of several prominent organisations, including Air India, Cipla, Nestlé India, Larsen & Toubro, Crompton Greaves, ITC Hotels, Cyient, Tejas Networks and Housing Development Finance Corporation. He was also recognised as “Best Independent Director” by the Asian Centre for Corporate Governance & Sustainability for 2022–23.
In addition to his corporate leadership, Ramesh has contributed to policy and regulatory dialogue in India through his association with key committees linked to Securities and Exchange Board of India, Reserve Bank of India and Insurance Regulatory and Development Authority of India.
Umang Bedi, Co-Founder, VerSe Innovation, said, “Strong governance and financial discipline are fundamental to building a company that stands the test of time. P.R. Ramesh brings unmatched experience in board stewardship, regulatory frameworks, and global audit leadership. As VerSe continues to mature and sharpen its focus on sustainable growth, his perspective will be instrumental in strengthening our governance standards and reinforcing stakeholder confidence”.
P. R. Ramesh added, “VerSe has built a business of considerable scale in India’s digital landscape. With that scale comes the responsibility to ensure that governance systems, financial controls and risk oversight keep pace with the growth. Strong institutions are built not only on innovation, but on discipline and accountability. I look forward to working with the Board and management team to further embed these principles and help shape a governance framework that supports sustained, responsible growth”.
In his role at VerSe Innovation, Ramesh will chair the Audit Committee and oversee financial reporting integrity, internal controls, enterprise risk management, regulatory compliance, and audit processes—adding depth to the company’s board oversight as it continues to scale operations and strengthen long-term value creation frameworks.
