Frammer AI is an artificial intelligence-based online video creation platform for users. The startup has raised 2 million USD from Lumikai in its seed funding round. The funding round saw participation from the firm’s existing and new investors. The company plans to use these fresh proceeds to scale its operations, strengthen its technical team, improve its data training in key areas, enhance its platform, and develop its market presence.
The startup intends to use this investment and expand into the sports and entertainment field. The online platform allows users to convert long videos into short videos like YouTube shorts and insta reels. The application provides captions, transcripts, and other features to transform long videos into short attractive forms.
The platform uses advanced technologies and an AI-powered studio that enables companies to convert create and manage their content into more engaging and monetizable videos. The startup has raised around $681k across one funding round from angel investors Radhika Roy and Prannoy Roy. This marks the second funding round for the firm since its inception.
The company offers a platform that uses advanced technologies and proprietary training methods to help enterprises produce ready-to-publish and high-quality engaging videos for marketing on social media. The startup claims to provide premium content that makes digital-ready videos with just a click.
The platform offers features like lifestyle content such as webinars and news. This investment will enable the startup to improve its performance capability and expand its services. The cutting-edge technology enhances personalization and elevates the unique strengths of the firm.
The Delhi-based startup trains the vision models to detect faces, celebrities, people, logos, sentiments, and other visual elements in the videos. The company claims to have served customers across India and the United States. Frammer AI has worked with companies such as The India Group, ACKNO Insurance, and Zee News.
The startup will use some of this investment to enhance its resources, advance its technologies, expand its categories, and improve its platform to offer a better user experience. This funding will enable the startup to serve its customers globally. The company faces competition from other AI-based short video creation platforms such as Ozone, Wibbitz, and Magnifi. The development came just after the software startup ecosystem saw increased investor interest. This investment shows Lumikai’s trust in the startup’s business model and market potential.
Conclusion :
The Media SaaS startup Frammer AI secured 2 million USD in its ongoing seed funding round from Lumikai with the participation of several new and existing investors. The startup intends to use fresh capital to scale its operations, expand its services in sports and entertainment, enhance its platform, and enhance data training in key areas.
The platform provides an online AI-based platform for video creation. The company allows users to create and convert long videos into short engaging videos using artificial intelligence. The platform offers an AI-powered studio to enable companies to create engaging and monetizable videos. The startup competes with video creation platforms like Magnifi.
Disclaimer – We have collected this information from various trustworthy sources on the Internet, and the facts have been checked manually and verified by our In House team.
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