Frammer AI raises $2 million seed investment from Lumikai - Times of India
Summary
Frammer AI , a video creation startup founded by former NDTV executives, has secured a $2 million seed round from Lumikai , Indias first interactive media and gaming venture capital firm.The company, founded just over a year ago by Suparna Singh, Kawaljit Singh Bedi, and Arijit Chatterjee, helps businesses create high-quality social media videos using advanced AI technology .The startup offers an all-in-one platform that simplifies video production and social media posting. Frammer is helping companies leverage their content to its fullest potential, creating larger audiences and enhancing engagement, said Suparna Singh, CEO and co-founder of Frammer AI.Singh believes that Frammers ability to accurately process complex content sets it apart from traditional prosumer tools, which often struggle with sophisticated media requirements.Lumikai sees vast potential in Frammers platform. As a leadership team, they (Frammer AI) have consistently driven businesses from inception to profitability and delivered shareholder value with pioneering content, product, and media-tech solutions while leading NDTV, said Salone Sehgal, founding partner at Lumikai.With the new funding, Frammer AI plans to expand its tech team, focus on the sports and entertainment sectors, and invest in data training. It also aims to help large companies and eCommerce firms enhance their social media presence by providing efficient solutions for video production and distribution.Frammer AI also serves major clients such as The India Today Group, Zee News, and Acko in India and the US. It has also been named the AI content partner of Brightcove, a US-based streaming service provider.