Sarvam AI, a Chennai-headquartered startup founded in July and developing its own generative artificial intelligence (Gen AI) models, said it has raised $41 million in a Series A round of funding, according to ETtech report. This first round of funding was led by Lightspeed Venture Partners. The other investors are Peak XV, formerly Sequoia India…
Rephrase.ai, the Bengaluru-based AI-led synthetic media production startup, announced that it has raised $1.5 million in seed funding round led by Lightspeed Ventures and AV8 Ventures, according to YourStory report. The startup will use the funding to scale its AI-powered video personalisation platform, strengthen its commercial presence in North America, and expand its engineering and…
Nextbillion.ai, a startup that offers a wide range of AI-powered hyperlocal solutions, from business mapping to data management, announced that it has raised $7 million in Series A funding, led by Lightspeed India Partners and Falcon Edge Capital. The company said that it will utilise the current financing to grow its team, product and R&D…