New Jersey-based Video Learning Platform Secures $930,000
Artificial intelligence-powered video-learning platform VideoKen Inc. has reportedly raised funds amounting to $930,000 (Rs 6.83 crore). The funding round was led by SRI Capital and Touchstone Equities.
Along with this, Hyderabad Angels also participated in the round with existing backer LG Chandrasekhar of Sutures India including angel investors like Flipkart and former Yahoo executives.
This marks as the second round of seed funding by the New Jersey- and Bengaluru-based startup. The company plans to use these funds for the expansion of its operations in North America.
Prior to this, VideoKen had raised $1 million from a clutch of angel investors. The company was founded in 2017 by Manish Gupta and Ashish Vikram. The company makes use of AI and machine learning to summarise vide...