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FanTV raises $3 Mn to transform AI-powered content creation

EntrackrEntrackr ยท 4m ago
FanTV raises $3 Mn to transform AI-powered content creation
Medial

FanTV, a content platform on the Sui blockchain, has secured an additional $3 million in strategic investment from Mysten Labs, Cypher Capital, CoinSwitch Ventures, and Illuminati Capital. Prior to this, the company had raised $5.5 million from Multicoin Capital, Woodstock Fund, Krafton, IOSG Ventures, Pravega Ventures, and Tykhe Block Ventures. Founded in 2023 by Prashan Agarwal, FanTV blends AI and blockchain technology to empower content creation. It operates on the Sui blockchain and has attracted over 8 million users, including 80,000 creators, with more than 30 million transactions and 1.2 million hours of AI-generated content processed each month. According to FanTV, creators produce music, videos, podcasts, web series, and vlogs using cutting-edge AI tools. The platform supports both emerging talent and established influencers, featuring creators like TrevinVSNFT, Suiโ€™s top content creator, Bitcoin educator Kashif Raza, CryptoIndia, BlockFuel, and rising digital voices like MrBreadSmith. Beyond making content creation effortless, FanTV is redefining how creators monetize their work. Through AI-powered tools, digital tipping, and personalized Creator Coins, it allows users to support their favorite creators while giving creators direct ownership of their content. FanTVโ€™s economic model combines paid AI-powered content creation features with engagement rewards, allowing users to purchase credits for premium AI tools, tip and gift creators, and even launch their own digital tokens to offer exclusive content and foster deeper community engagement. FanTV plans to develop advanced AI tools for creators, expand its global creator network, and enhance user growth strategies. The platformโ€™s unique approach to merging AI with blockchain capabilities ensures a decentralized ecosystem that prioritizes creator ownership, fair value distribution, and new opportunities for digital creators worldwide.

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Proptech startup Inkers Technology raises $3 Mn in Series A round

EntrackrEntrackr ยท 7m ago
Proptech startup Inkers Technology raises $3 Mn in Series A round
Medial

Prop-tech startup Inkers Technology has raised $3 million in its Series A funding round led by Ashish Kasholia from Lucky Investments. The Bengaluru-based company had previously raised $2.03 million from Sailing Stones Technologies and others. The company's flagship product, Observance, is an AI-powered platform designed to process complex construction data such as point cloud data, images, BIM models, and project schedules and transform it into actionable insights. It can scan up to 100,000 square feet of construction area in an hour and generate comprehensive analytics, as-built models, defect reports, and schedule updates within 24-48 hours. The product has been deployed over 150 sites in Bangalore, NCR, Kolkata, Chennai, and Hyderabad, processing more than 2 petabytes of data.

Mugafi raises $3 Mn in Seed funding

EntrackrEntrackr ยท 2m ago
Mugafi raises $3 Mn in Seed funding
Medial

Mugafi, an AI-led company working in tech and entertainment, has raised $3 million in a seed round from institutional and individual investors. The round was led by StartupXseed, Auxano, Proneur, MarsshotVC (Razorpay foundersโ€™ fund), and BeyondVP. WeFounderCircle also helped bring the round together. With the new funding, Mugafi plans to improve its technology, enter new markets, and hire more people to grow its work. The team also plans to build tools that make content creation possible for more storytellers. Mugafi is developing a suite of AI tools that support creators in working more quickly, exploring new ideas, and producing stories. The platform serves writers, filmmakers, studios, and producers by increasing output, streamlining processes, and enabling new directions for content creation. At the core of Mugafiโ€™s platform is Ved, its AI tool that works with storytellers to create ideas, build plots, develop characters, and write dialogue. Since its launch, Ved has helped create over 500 original projects, and Mugafi says it plans to build a library of over 200,000 characters in the next two years. โ€œWeโ€™re at a tipping point in how stories are made,โ€ said Vipul Agarwal, Founder & CEO of Mugafi. โ€œAt Mugafi, weโ€™ve always believed that AI should amplify creativity, not replace it. Our goal is to empower storytellersโ€”help them break barriers, accelerate their process, and create magic on screen.โ€ Along with building its technology, Mugafi has built a network of creators. It has helped over 10,000 writers develop original projects using Ved and support from mentors. The company has worked with platforms and studios like Excel Entertainment, Stage, Spotify, Meta, and others to bring new storytelling formats to audiences. Its AI-made characters are already being used in films, short films, games, podcasts, and more.

Irame.ai bags $1 Mn in seed round from SenseAI Ventures

EntrackrEntrackr ยท 3m ago
Irame.ai bags $1 Mn in seed round from SenseAI Ventures
Medial

Irame.ai, an AI-powered enterprise productivity and audit intelligence platform, has secured $1 million in its seed round from SenseAI Ventures, an AI-first venture capital fund. The proceeds will be used to accelerate Irame.ai to transform audit automation, anomaly detection, and enterprise compliance through AI-driven insights. Founded by Kapil Arora, Irame.ai streamlines the knowledge processing and forecasting process. The framework enables users to design, develop, and launch AI-driven applications without coding. Its approach claims to deliver audits up to 3-4x faster while significantly reducing costs helping enterprises modernize governance with efficiency. Built by Rahul Agarwalla and Raja Gopalakrishnan SenseAI Ventures is a Rs 200 crore fund.

Product Launches Enter A New Era: AI Takes Personalisation To The Next Level

Inc42Inc42 ยท 1y ago
Product Launches Enter A New Era: AI Takes Personalisation To The Next Level
Medial

AI-powered personalisation is transforming the marketing landscape, with the market forecasted to reach $107.5 billion by 2027. This technology leverages real-time customer and product data to create unique content tailored to individual preferences and behaviours. Implementing AI-powered personalisation involves practices such as quality content creation, enhancing customer experiences, cost efficiency, and data analysis. The future prospects for AI-powered personalisation in e-commerce and marketing are promising, with advancements in predictive analytics, natural language processing, and computer vision driving growth and providing highly personalised experiences. However, consumer confidence in AI personalisation remains lower than business enthusiasm, highlighting the need for tailored experiences to build customer loyalty.

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