Hypergro.ai secures Rs 7 crore Pre-Series A funding

economictimes.indiatimes.com

Hypergro.ai, an artificial intelligence-based video generation platform, has raised Rs 7 crore in a Pre-Series A funding round. The round was led by Eternal Capital, along with participation from other investors like Silver Needle Ventures and VCats. The funding will help Hypergro.ai improve its AI capabilities and expand its global reach. Founded in 2022 in Bengaluru by Rituraj Biswas and Neha Soman, the company focuses on fixing problems in digital marketing, such as manual processes and uncoordinated data. Hypergro.ai's platform automates video creation, enhances campaign performance, and engages potential customers using AI-driven sales tools. This investment comes at a time when many businesses are looking to AI solutions for growth. The company is planning to enter new international markets, including the US and Asia-Pacific. They intend to invest in AI research and development, as well as in hiring and partnerships. Biswas stated that Hypergro.ai combines various AI tools in one system. This helps brands achieve better results with less effort. Eternal Capital’s Dhruv Dhanraj Bahl highlighted the importance of video in digital marketing and expressed confidence in Hypergro.ai's innovative approach.


With a significance score of 4, this news ranks in the top 9% of today's 18498 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 9000 minimalists.


loading...