VC Fund Investments
Video content generation platform Hypergro.ai raises Rs.7-Cr led by Eternal Capital
Bengaluru-based video generation and conversion platform Hypergro.ai has attracted INR 7 crore (USD 800,000) in a Pre-Series A funding round led by Eternal Capital. The round also saw participation from Silver Needle Ventures, VCats, Astir Ventures, and FAAD Network.The new funds will be used to accelerate global expansion, and strengthen the firm’s position in AI-powered marketing automation.Founded in 2022 by Rituraj Biswas and Neha Soman, Hypergro.ai claims to solve inefficiencies in digital marketing through its AI-driven platform that automates video generation, optimizes performance campaigns, and engages leads through sales agents. The company serves brands across e-commerce, retail, entertainment, gaming, travel, and hospitality.
In May 2023, Hypergro.ai had attracted about USD 1 M from Dholakia Ventures, Silverneedle Ventures, UpSparks, Z Nation Lab and others.For FY24, Hypergro.ai had reported about INR 0.61 Cr in Operating Income and about INR 4 Cr in Net Loss.
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