Frammer AI Secures $2 Million Investment from Lumikai
Frammer AI, a start-up founded by former NDTV executives, has announced a $2 million seed investment from Lumikai. The company offers an advanced AI platform that helps businesses create high-quality videos for social media. Frammer’s clients include The India Today Group, Zee News, and Acko. Recently, it became the AI content partner for Brightcove, a major streaming service provider.
Innovative Video Solutions
Frammer AI uses custom training and the founders’ experience to deliver ready-to-publish content. The platform can transform a half-hour video into 35 short clips in just five minutes, making it easier for companies to create engaging social media content. This efficiency addresses the complex and time-consuming process of video creation.
Expansion Plans
With the new funding, Frammer plans to expand into sports and entertainment, grow its tech team, and invest in data training. CEO Suparna Singh expressed excitement about the growing demand for short-form video content and the positive feedback from clients.
Lumikai’s Support
Lumikai, India’s first dedicated interactive media and gaming VC, supports Frammer’s mission. Founding Partner Salone Sehgal praised the leadership team’s track record and the value Frammer brings to its clients. Lumikai has invested in several leading interactive media companies in India.
Doubts Revealed
Frammer AI -: Frammer AI is a company that uses artificial intelligence to help create videos, especially for social media. It was started by people who used to work at NDTV, a well-known news channel in India.
Lumikai -: Lumikai is a company that invests money in other companies, especially those that are involved in technology and media. They have given $2 million to Frammer AI to help it grow.
NDTV -: NDTV stands for New Delhi Television, which is a popular news channel in India. Some of the people who started Frammer AI used to work there.
The India Today Group -: The India Today Group is a large media company in India that owns magazines, TV channels, and websites. They are one of the clients using Frammer AI’s video creation platform.
Zee News -: Zee News is a major news channel in India. They also use Frammer AI’s platform to create videos for their audience.
Brightcove -: Brightcove is a company that provides video hosting and streaming services. Frammer AI has partnered with them to improve their video creation services.
Media-tech -: Media-tech refers to technology used in the media industry, like making videos, news, and entertainment content. Frammer AI is part of this industry because it uses technology to help create videos.
