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PR Ramesh, the former chairman of Deloitte India, has taken on a new role as an independent director at VerSe Innovation. In this position, Ramesh will lead the company’s audit committee, overseeing financial reporting, internal controls, risk management, and compliance. This move aims to fortify VerSe Innovation’s governance following previous audit-related issues.
VerSe Innovation, which has attracted investments from CPPIB, Lupa Systems, Z47, and other backers, has successfully raised over $2 billion and currently boasts a valuation of nearly $5 billion.
Source: Tech-Economic Times