VerSe Innovation announced the acquisition of GolBol, the social networking application. VerSe, which recently marked the first anniversary of its Josh short videos app, will be on board with the entire GolBol team, including co-founders Shanu Vivek, Karandeep Singh Gujral and Kaushik Mahato, to help speed up the ongoing work for modernize and multiply Josh’s impact.
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In a press release, VerSe said, âVivek and the team are very familiar with techniques that allow various users to socialize with digital content and will focus their efforts on improving Josh Cam – a powerful video editing application. mobile designed exclusively for users and creators of the short video ecosystem. The app with its intuitive and elegant multi-layered editing interface allows users of short videos to give a professional touch to their content. The team will also improve the content. effectiveness of AI and ML in creating UGC discovery initiatives that have the power to detect quality content from a stream of thousands of videos and rank those videos at scale so that users can Josh enjoy the newest, most unique and authentic content. Experiences. “
Shailendra Sharma, SVP Product and Engineering at VerSe Innovation, said: âVerSe’s clear growth strategy for Josh, based on an entrepreneurial mindset, has motivated this alliance with some of India’s brightest minds and passionate innovators who understand how Bharath consumes, creates and interacts with content. Not only does this reinforce our commitment to create Bharat’s largest digital platform that captures mind sharing, timeshare, and revenue share from local language users. It also validates our culture of learning and mentoring, and our intention to create an entrepreneurship hub to nurture and accelerate the ideas of young entrepreneurs in the content technology ecosystem in India.
Vivek said, âGolBol was born from the simple idea of ââmotivating local language users to share their lives online through an easy-to-use product. We had more ambitious plans and wanted to meet the diverse content needs of Bharath. The ambition and clarity of thought demonstrated by Josh’s leadership convinced us that this was the right solution. We are aligned with the company’s vision of providing a family of apps for a Bharat audience and believe that where Josh leverages our experience, we have access to world-class resources and technology at Josh to create greater impact.