Blume Ventures backs video creation platform Rocketium

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Summary

Raghunandan G, co-founder and former CEO of Ola-acquired cab aggregator TaxiForSure; Hari TN, human resources head at online grocery store BigBasket; and senior executives from Apple, Freshworks, Microsoft and SpaceX participated in this funding round, Rocketium said in a statement. It will use the funds to expand its global footprint by hiring sales and marketing executives and building a machine intelligence team to automate the video creation process. "We want to complement our organic growth so far with global sales and customer acquisition channels," said Sirur, who is the CEO of the firm. “Rocketium is solving a global problem by making information more accessible with videos,” said Karthik Reddy, managing partner at Blume Ventures. Earlier this month, Wishfie, a platform launched in 2017 for live video debates on current affairs, raised an undisclosed amount in a seed round to build vernacular content as well as its online community.

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SaaS Visual Content Marketing Software Creative Automation Software

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Rocketium
$1M to $5M