your password has been reset successfully, Please login again.

AI Content Platform, Instoried gets INR 3.57 Crore Seed Funding from Venture Catalysts

The company employs an AI-based tool that facilitates brands to strategize content to surge customer engagement on their website.
BY BEx Bureau
Aug 20, 2019

Bengaluru-based, AI content platform, Instoried has raised INR 3.57 crore in a seed funding round. The AI content platform receives the amount from Mumbai-based incubator, Venture Catalysts, according to a media report.

The company, which currently provides its services in English and Hindi, will use the funds to expand its product into other languages, Instoried said in its statement.

This is the best time to build a product that not only analyses vernacular content but also gives smart recommendations to make it emotionally engaging, Co-founder and CEO, Sharmin Ali told the daily news, VC Circle.

With a total addressable market size of $300 billion, the deep tech market for content, in particular, holds great potential, President and Co-founder of Venture Catalysts, Apoorv Ranjan Sharma told the daily news.

Instoried, which is administered by Instoried Research Labs Pvt. Ltd was established in 2018 by Sutanshu Raj and Sharmin Ali. Ali, who is an alumnus of Visvesvaraya Institute of Technology, has earlier worked in Mu Sigma as a senior business analyst. While Raj, a former student of the Tampere University of Technology, has worked with the Public Health Foundation of India and ASADEL Technologies Pvt. Ltd.

The company employs an AI-based tool that facilitates brands to strategize content to surge customer engagement on their website. Further, the AI tool renders customized word suggestions that clients use frequently.

Please add your Comment
January 25, 2020
The Noida-based payment solutions firm, Pine Labs Pvt. Ltd has secured undisclosed funding from the ...More
By Jaspreet Kaur
January 20, 2020
Invento Robotics has secured INR 2 crore seed funding from ITI Growth Opportunities Venture Fund of ...More
By Jaspreet Kaur
January 16, 2020
Swiggy’s early investors have lately sold its shares to other investors, in turn, receiving high ret ...More
By Jaspreet Kaur
January 10, 2020
Pune-headquartered firm, Sterlite Technologies Ltd has lately purchased a minority stake in Israel-b ...More
By Jaspreet Kaur
January 08, 2020
Rage Coffee’s parent firm, Swmabhan Commerce Pvt. Ltd has lately raised funding from a cohort of inv ...More
By Jaspreet Kaur
January 06, 2020
India-based private equity fund, True North has bought nearly 3 per cent of Biocon’s business unit, ...More
By Jaspreet Kaur
January 06, 2020
The firm is targeting a delivery capacity of over 10 lakh square feet by March 2023 and is also plan ...More
By Jaspreet Kaur
December 24, 2019
The US-headquartered early-stage seed fund led the seed funding round of the startup; it renders the ...More
By Jaspreet Kaur
December 20, 2019
Other investment companies that infused money are Cub McPaws including, Venture Catalysts co-founder ...More
By Jaspreet Kaur
December 20, 2019
Witblox offers robotics-based academic learning for children between the age group of 8-16 years via ...More
By Jaspreet Kaur
December 05, 2019
Rajkot-headquartered firm renders software services to cargo and logistics firm, bus operators with ...More
By Jaspreet Kaur
November 30, 2019
The microfinance company, CreditAccess Grameen Ltd proclaimed that it will acquire 100 per cent shar ...More
By Ritu Marya