Mumbai, April 23 -- Sandip Basu, the group chief financial officer (CFO) of Dailyhunt's parent company, VerSe Innovation, resigned earlier this month due to personal health reasons, two sources familiar with the matter told Mint.

"The exit is due to health reasons and the company has begun searching for his replacement," one of the two people cited above said. VerSe's finance team has also seen other exits with Rajiv Sikaria and Piyush Agarwal stepping down over the last year, according to the second person.

These exits come at a pivotal time for VerSe, which has been actively acquiring companies, facing delays in financial audits, and preparing for an initial public offering (IPO).

Read this | Dailyhunt parent VerSe is betting on AI, ...