Video creation platform Frammer AI raises $2 mn investment from Lumikai ...Middle East

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Video creation platform Frammer AI raises $2 mn investment from Lumikai
source : Business Standard ( Middle East ) () 84
Video content creation platform Frammer AI has announced securing a USD 2 million (around Rs 16.8 crore) investment from Lumikai, which invests in gaming and interactive media platforms. The fresh capital will be deployed into expanding Frammer's offerings into sports and entertainment and investing in data-training for its areas of focus. The funds will also be used to expand its tech team to meet the increasing demand, according to a company statement. Frammer provides transcript and captions for each video, identifies the most interesting segments to generate monetizable short videos for various digital platforms, and produces vertical videos similar to YouTube Shorts and Insta Reels. "..

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