ByteEdge, which converts traditional documents into multilingual short videos, raises $1.5 million in funding
Here’s a structured summary of the information regarding ByteEdge:
Startup Details:
- Startup Name: ByteEdge
- Founded: 2022
- Founders: Kamal Dutta and Akash Gupt
- Location: New Delhi, India
Funding Details:
- Amount Raised: $1.5 million
- Funding Round: Not specified (assumed to be a Seed/Pre-Series A round)
- Date of Funding: Not specified in the text
- Lead Investor: TRTL Ventures (Japan)
- Other Investors: A group of global and Indian angel investors
Focus:
- Industry: Enterprise AI
- Mission: To deliver information effectively to deskless workers (who make up the majority of the global workforce).
- Product Offering: Converts corporate documents into short, cinematic, multilingual videos.
Market Presence:
- Clients: Over 30 enterprise clients in sectors including financial services, pharmaceuticals, FMCG, and e-commerce.
- Revenue Concentration: 80-85% from Indian clients.
Future Plans:
- International Expansion: Early forays into the US and the Middle East.
- Future Fundraising: Planning to raise an additional $3 million within the next 4-5 months.
This encapsulates the key details about ByteEdge, its founders, funding, and market strategy.
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2025-05-05 14:02:14
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