Minute Media Acquires AI-driven SaaS platform VideoVerse

Minute Media has acquired SaaS startup VideoVerse, backed by Binny Bansal, in a cash-and-stock deal ensuring full exit for investors like A91 Partners, with angels gaining 10–20X returns. Founded by Vinayak Shrivastav, Saket Dandotia, and Alok Patil, VideoVerse offers Magnifi, an AI video editor. The acquisition connects VideoVerse to Minute Media’s 200M users and 500 partners, integrating video creation, distribution, and monetization.