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Former Media Executives’ Frammer AI Bags $2 Mn To Help Enterprises Monetise Their Video Contents

Inc42 · 10m ago

Former Media Executives’ Frammer AI Bags $2 Mn To Help Enterprises Monetise Their Video Contents

- Company plans to use the funds to expand into sports and entertainment sectors, as well as invest in data training - Frammer AI offers an AI-powered studio that transforms content into engaging videos - Co-founded by former NDTV executives Suparna Singh, Kawaljit Singh Bedi, and Arijit Chatterjee - The company utilizes advanced AI technology and proprietary training methods - Enables businesses to create high-quality videos for social media platforms

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Lumikai leads $2 Mn round in media SaaS platform Frammer AI

Entrackr

Entrackr · 10m ago

Lumikai leads $2 Mn round in media SaaS platform Frammer AI

Media SaaS platform Frammer AI has raised $2 million in a seed funding round led by Lumikai. The fresh funds will be used for expansion into sports and entertainment, strengthen its tech team, and enhance data training in key focus areas, Frammer AI said in a press release. Co-founded in 2023 by Arijit Chatterjee and Kawaljit Singh Bedi, Frammer AI provides transcripts, captions, and creates short, platform specific videos like Insta Reels and YouTube Shorts. The platform offers an AI-powered studio that enables enterprises to convert their content into engaging and monetizable videos. Frammer AI claims that it is an enterprise-grade end-to-end platform that takes any premium content and makes it digital-ready with the click of a button. It works with large and medium-sized publishers across genres and provides features like news and lifestyle content which include webinars, corporate films etc. The Delhi-based company says that it leverages advanced AI technology and proprietary training methods to help businesses to produce ready-to-publish and high-quality videos for social media. It also says to convert a 30-minute video into 35 short packages in just five minutes. According to Frammer AI, it also trains vision models to detect people, faces, celebrities, logos, sentiment, and other similar visual elements in video frames. It has served clients in India and the United States, including prominent broadcasters such as The India Today Group and Zee News, as well as corporations such as ACKO Insurance.

Highperformr.AI Bags $3.5 Mn To Give An AI Boost To B2B Marketing

Inc42 · 1y ago

Highperformr.AI Bags $3.5 Mn To Give An AI Boost To B2B Marketing

Chennai-based marketing software startup Highperformr.AI has raised $3.5m in a seed funding round led by Venture Highway. The firm was founded by former Freshworks executives Ramesh Ravishankar and Srivatsan Venkatesan and uses AI to help B2B companies maximise their ROI from social media campaigns. The funding will be used to further research and development, build native AI capabilities, and expand the distribution network. The company has also launched its first product, Highperformr for Teams, which aims to streamline social media workflows for B2B companies. The GenAI space in India is projected to grow to $17bn by 2030, up from $1.1bn in 2023.

OmniCard Bags $3 Mn Funding

Inc42 · 1y ago

OmniCard Bags $3 Mn Funding

OmniCard, a spend management startup, has raised $3 million in a pre-Series A funding round led by Ankurit Capital and Taisys. The company plans to expand its customer base from 2 million users to 10,000 enterprises by FY 2027. This investment also represents Taisys' first investment in an Indian startup.

AI video startups from India target global media markets

Inshorts · 3m ago

AI video startups from India target global media markets

Media tech startups Frammer and Neural Garage are developing AI tools aimed at streamlining video editing and dubbing for global audiences. Frammer's platform automates editing and repackages long videos into short clips for social platforms, while Neural Garage's visual dub technology enables near-flawless lip-syncing in multiple languages, offering new solutions for film, TV, and advertising.

The Evolution of Social Media: How Did It Begin, and Where Could It Go Next?

Internet

Internet · 1y ago

The Evolution of Social Media: How Did It Begin, and Where Could It Go Next?

Table of Contents 1. A Brief History of Social Media 2. The Launch of Social Site 3. Social Media:End Users and Businesses 4. How Marketing Pros Utilize Social Media. 5.What’s Next For Social Media The evolution of social media has been fueled by the human impulse to communicate and by advances in digital technology. It is a story about establishing and nurturing personal connections at scale.

How These Ex-Freshworks Executives Are Rewriting Rules Of Content Distribution

Inc42 · 9m ago

How These Ex-Freshworks Executives Are Rewriting Rules Of Content Distribution

Ramesh Ravishankar and Srivatsan Venkatesan, former executives at Freshworks, founded their own SaaS platform called Highperformr in 2023. Their venture aims to help businesses with content distribution strategies, leveraging AI to view social media as a growth engine. Highperformr plans to integrate with various platforms and aims to reach 1,000 paying customers by FY25, with 7,000 free customers currently.

Esports Media Startup TalkEsport Bags Funding of $1 Mn

Inc42 · 1y ago

Esports Media Startup TalkEsport Bags Funding of $1 Mn

Kolkata-based esports and video gaming media platform, TalkEsport, has secured $1 million in pre-Series A funding from Saswat Ventures. The startup plans to use the funds to enhance its core website, establish a production studio in Mumbai, and launch a mobile application. Founded in 2011, TalkEsport caters to 40 million gamers globally and aims to expand its reach and provide unparalleled experiences for esports enthusiasts worldwide. With the Indian gaming market growing rapidly, TalkEsport is positioning itself to tap into this lucrative industry.

JUSTO Realfintech Bags $7 Mn To Expand Its Proptech Play

Inc42 · 11m ago

JUSTO Realfintech Bags $7 Mn To Expand Its Proptech Play

JUSTO Realfintech, a real estate technology company, has raised $7 million in a funding round. The funding includes $5 million in equity and $2 million in debt. The company plans to use the funds to fuel its growth and expand its market presence. JUSTO Realfintech offers solutions to help real estate developers boost sales growth, particularly for group housing projects. It was founded in 2019 by Pushpamitra Das and Rahul Pande.

‘Haters will say this is AI’: Musk shares video of himself and Trump dancing

Livemint

Livemint · 11m ago

‘Haters will say this is AI’: Musk shares video of himself and Trump dancing

Tech mogul Elon Musk shared an AI-generated video on social media featuring himself and former President Donald Trump dancing to the Bee Gees' "Staying Alive." Musk playfully captioned the video with "Haters will say this is AI." The post gained popularity, showcasing Musk's ability to blend technology and humor. Meanwhile, Musk's AI company, xAI, released its latest models, Grok-2 and Grok-2 Mini, with improved language processing and reasoning abilities. The models are available to xAI Premium users, offering advanced features and faster responses.

Former Twitter CEO Parag Agrawal, others sue Elon Musk over firings, seek over $128 mn

Economic Times

Economic Times · 1y ago

Former Twitter CEO Parag Agrawal, others sue Elon Musk over firings, seek over $128 mn

Former senior executives of Twitter are suing Elon Musk and X Corp., claiming they are owed over $128 million in unpaid severance. The executives, who were fired on the day Musk acquired Twitter, allege that he made up false reasons to avoid paying their severance. The lawsuit also mentions that Musk has been sued by numerous former employees for not providing severance after mass terminations. The executives argue that Musk has a pattern of not paying bills and disregarding rules. Musk's representatives declined to comment on the matter. X Corp. is facing multiple lawsuits for unpaid bills.

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