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

EntrackrEntrackr · 1y 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 · 11m 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.

Lumikai leads $1.5 Mn seed round in NPrep

EntrackrEntrackr · 1d ago
Lumikai leads $1.5 Mn seed round in NPrep
Medial

NPrep, a placement-focused company building an AI-powered skilling platform for nursing students and professionals, has raised $1.5 million in a seed funding round led by Lumikai. The round also saw participation from existing investor All In Capital, along with Velo Partners, DSP Group Family Office, and angel investors including Viren Shetty. The Jodhpur-based startup had previously raised an undisclosed amount in a pre-seed funding round led by All In Capital, with participation from IIMA Ventures, Chegg founder Aayush Phumbhra, and several family offices and angel investors. The fresh funds will be utilised to ramp up its AI-powered learning platform, expand exam-focused content, and reach more nursing candidates across India preparing for government and global healthcare roles, NPrep said in a press release. Co-founded in 2024 by Prince Kaushik, Utkarsh Paliwal, and Gourav Khurana, the startup aims to address the barriers faced by students from tier II and tier III cities by offering an AI-powered skilling and placement platform tailored to the specific needs of nursing students and professionals. According to NPrep, it addresses the systemic gap in nursing education by delivering over 1,400 hours of exam-aligned original video content along with personalised study plans. An AI mentor, curated questions from historical exam data, and individual performance tracking are designed to improve exam outcomes and help candidates access government jobs and global roles. Within 10 months, NPrep says that over 1,00,000 nurses in India are already using its platform, with more than 6 million minutes of video content consumed and 31 million questions answered.

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