Vitra.ai has raised an undisclosed amount from Inflexor Ventures, as a part of its DeepTech Fellowship Programme with Venture Capital firm 100X.VC.
The VC invests anything between $150,000 to $1 million.
Speaking about the new investment, Jatin Desai, Managing Partner, Inflexor Ventures said, “Vitra.ai’s vision of a future where content and communication are not limited by language barriers is something that resonates deeply with our values. We have strong conviction in their technical capability, as well as Satvik and Akash’s ability to deliver on this future. We also hope that our partnership with 100X.VC will bring out many more such strong players in the DeepTech ecosystem.”
Vitra.ai which was founded in December 2020, is a video translation platform based on Artificial Intelligence and assists clients to translate videos to more than 50 languages with just one click. It can translate content 10 times faster and 80% more affordable than most of its competitors.
The company offers both self-serve and managed service models where customers can translate any content into 50 different languages with many voice profiles.
The platform is context-aware and has auto-suggestion, auto-correction, and semantic correction features included in it.
Although their primary focus would be on news, social media, and Video Content Creators, Vitra.ai has also worked with several clients across industries such as edtech, media, fintech, healthtech, etc. Vitra.ai‘s product roadmap includes the development of voice cloning and emotion transfer technology.
Speaking about the development, Ninad Karpe, Partner, 100X.VC said, “Our investment in Vitra.ai reflects the level of commitment with which both Inflexor Ventures and 100X.VC are driving the DeepTech Fellowship Program. We believe in the ‘Idea of India’ and that indigenous early-stage startups can tap wide-ranging global opportunities if they are given the right platform. Vitra.ai has a unique offering for the global markets and we are optimistic that their pioneering efforts in the AI space will scale rapidly.”
The DeepTech Fellowship Programme is directed at 100X.VC’s DeepTech portfolio companies, with Inflexor Ventures providing additional networking and funding access.
Vitra.ai offers unique services and makes the entire process of translation seamless. With the latest funds, the company looks at huge growth potential.Shishir Gupta, Founder and CEO, StartupLanes
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