Private Equity VC Fund Investments
Content creation enabler for films Mugafi raises $3-M led by StartupXseed
Source Inc42 (opens in a new tab)
Gurugram-based content creation platform Mugafi has raised USD 3 million in a seed funding round led by StartupXseed. The funding round also saw participation from Auxano, Proneur Network, Mars Shot Ventures, Beyond Venture Partners and We Founder Circle.Mugafi would deploy the funds to enhance its tech stack, acquire talent and expand to new markets.Mugafi’s flagship AI bot ‘Ved’ assists writers in generating ideas, structuring plots, shaping characters, and writing dialogues.