Did you know about the fastest-growing ‘prosumer’ company in India?

Invideo AI, an AI-powered video generator, is the world’s biggest prosumer company today.

By  Storyboard18| May 20, 2024 5:00 PM
Invideo has added around Rs. 200 crores of software revenue in the last eight months alone, shared Anandan. That is around 25 million dollars of new revenue from a new generative AI product. 



The fastest growing ‘prosumer’ AI (artificial intelligence) company in the world is in India, shared Rajan Anandan, managing director at PeakXV Partners (previously Sequoia Capital), in a chat with Moneycontrol.

Invideo AI, an AI-powered video generator, is the world’s biggest prosumer company today. A user simply types text prompts, the same way you would tell it to a human video editor and Invideo generates a video with powerful visuals, voices, and text using just one AI tool. 

Invideo has added around Rs. 200 crores of software revenue in the last eight months alone, shared Anandan. That is around 25 million dollars of new revenue from a new generative AI product. 



Anandan shared that Invideo helps a YouTube creator who would usually take four hours to make a video, make the same video in 2 minutes.

Tags
First Published onMay 20, 2024 5:00 PM

SPOTLIGHT

DigitalFrom Clutter to Clarity: How Video is transforming B2B storytelling

According to LinkedIn’s research with over 1,700 B2B tech buyers, video storytelling has emerged as the most trusted, engaging, and effective format for B2B marketers. But what’s driving this shift towards video in B2B? (Image Source: Unsplash)

Read More

Arattai App: All you need to know about Zoho’s made-in-India "WhatsApp killer"

Discover Arattai, Zoho’s made-in-India messaging app. Features, privacy, user growth, and how it compares to WhatsApp in 2025.