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

EntrackrEntrackr · 8m ago
Lumikai leads $2 Mn round in media SaaS platform Frammer AI
Medial

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.

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Lumikai leads $1.2 Mn seed round in AskMyGuru

EntrackrEntrackr · 2m ago
Lumikai leads $1.2 Mn seed round in AskMyGuru
Medial

Interactive spiritual-tech platform AskMyGuru has raised $1.2 million in a seed funding round led by interactive media and gaming VC fund Lumikai, which invested $800K, along with participation from MPL and select angels, including ex-Match Group Americas CEO Amarnath Thombre. The proceeds will be utilized to enhance the product roadmap, advance its proprietary Ved Vyas AI engine, and expand language support beyond English, Hindi, Kannada, Tamil, and Telugu, AskMyGuru said in a press release. Co-founded in 2025 by Krishna Mohan Vedula and Vivek Sadamate, AskMyGuru is rooted in the teachings of the Vedic Shastras and aims to reimagine spirituality and astrological guidance through new-age interactive experiences. The platform blends AI, gamification, and deeply researched Indic knowledge systems to shape a new genre of spiritual tech that is both culturally resonant and globally relevant. AskMyGuru aims to redefine the spiritual industry for the digital age while empowering gurus with sustainable income through the platform. It reimagines spiritual guidance as an immersive digital journey, creating meaningful connections through thoughtfully designed interactions. The startup embodies “Systems of Play,” i.e., products disrupting legacy industries with lean-forward, interactive, and gamified experiences. AskMyGuru also plans to deepen its domain expertise across financial, relationship, and career guidance. It may compete directly or indirectly with other platforms in this space, such as Astrosage and Astrotalk. Lumikai is an interactive media and gaming VC that invests in companies at the intersection of technology, culture, and new media. It has backed some of India’s leading interactive media companies, including Elo Elo, Bombay Play, All Star Games, Studio Sirah, Supernova, Autovrse, Vobble, and Mayhem Studios, amongst others.

Marketing SaaS platform Highperformr.ai bags $3.5 Mn in seed round

EntrackrEntrackr · 1y ago
Marketing SaaS platform Highperformr.ai bags $3.5 Mn in seed round
Medial

Marketing SaaS platform Highperformr.ai has raised $3.5 million in its seed round led by Venture Highway, Neon, and DeVC. The round also saw participation from angel investors including Shan Krishnasamy, Sidharth Malik, Suman Gopalan, Arvind Parthiban, Alok Goel, and Tarkeshwar Thakur. The proceeds will be used for R&D on ramping up its AI tools and establishing a distribution network. Founded in July 2023 by Srivatsan Venkatesan and Ramesh Ravishankar, Highperformr currently offers Team Plans, priced at $97 per month, and a Professional Plan that costs $17 per month. The Chennai and US-based AI firm allows users to write, curate, ideate, and post variations of the same content using generative AI, which can then be promoted through multiple accounts. The platform also helps clients generate leads, amplify their presence, and accelerate growth in the sales pipeline.

Decoding Lumikai’s Investment Playbook For India’s $30 Bn Gaming & Interactive Media Industry

Inc42Inc42 · 1y ago
Decoding Lumikai’s Investment Playbook For India’s $30 Bn Gaming & Interactive Media Industry
Medial

Lumikai is a venture capital fund focused on gaming and interactive media in India. With a corpus of $40 million in its first fund and $50 million in its second fund, Lumikai has made investments in 15 companies, including All Star Games, AutoVRse, Bombay Play, and Loco. The gaming and interactive media market in India is growing rapidly, with a total worth of $25 billion and a CAGR of 20%. Lumikai's investment thesis focuses on early-stage startups and aims to find category-leading bets in the industry. The fund's portfolio companies are generating revenue and benefiting from the attention economy and multiple monetization avenues within the gaming and interactive media sector. The Indian government has also shown favorable regulations for the industry, recognizing eSports as a sport and creating tax laws specific to gaming and interactive media. Challenges for startups in this space include talent acquisition and user acquisition costs. Lumikai plans to continue investing in companies leveraging AI and targeting the Indian and global markets.

SaaS unicorn Amagi acquires Argoid AI

EntrackrEntrackr · 7m ago
SaaS unicorn Amagi acquires Argoid AI
Medial

Amagi, a cloud media SaaS technology firm, has announced the acquisition of Argoid AI, an AI company specializing in recommendation engines and programming automation for OTT platforms. By integrating Argoid AI’s advanced algorithms into Amagi’s existing platform, this acquisition will significantly boost the functionality of Amagi’s product suite, Amagi NOW and CLOUDPORT offerings. This will enable the media companies to make faster, smarter, and personalized content scheduling decisions at scale. With the acquisition, Argoid’s founders, Gokul Muralidharan, Soundararajan Velu, and Chackaravarthy E, will join the Amagi team. Argoid AI has developed innovative AI products that enhance content recommendations and enable real-time programming decisions. According to the company, its solutions have been pivotal in increasing viewer engagement and optimizing channel operations for customers in the streaming media space. Amagi has emerged as a rare comeback story in the B2B SaaS space. The company pivoted in 2018 from providing advertising solutions for local businesses on television channels to a SaaS-based monetization platform for TV networks and content owners. Amagi achieved unicorn status after securing $95 million in a new funding round led by existing investor Accel in March 2022 along with an additional $110 million in November. According to media reports, it was in discussions to raise $250 million in a forthcoming round. According to data intelligence platform, TheKredible, Amagi’s revenue from operations spiked to Rs 879.15 crore during the last fiscal year from Rs 680 crore in FY23.

OneTab AI raises $3.3 Mn in seed round

EntrackrEntrackr · 4m ago
OneTab AI raises $3.3 Mn in seed round
Medial

OneTab AI raises $3.3 Mn in seed round Workplace SaaS startup OneTab AI has raised $3.3 million (Rs 28.6 crore) in its seed round co-led by LIT Fund and Orbit. The round also saw participation from a Singapore-based family office, SOSV, Sunil Kumar Singhvi and the company’s founders. The proceeds will be used to ramp up the development and deployment of OneAsk, its AI agent designed to manage the entire software development life cycle (SDLC). Founded in November 2023 by Saket Dandotia, Sonal Dandotia, and Alok Patil, OneTab integrates project management, communication, API development, CI/CD, and AI-driven automation into a single platform, addressing inefficiencies in traditional tools like Slack and Asana. Its proprietary LLMs, OneGPT and OneCode, enable AI-powered project management, coding assistance, and automation while ensuring data privacy through private hosting. Its flagship AI agent, OneAsk streamlines workflows into a single intelligent platform, enabling developers, project managers and businesses to work more efficiently.

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