TrueFan AI Raises $10 Million at $40 Million Valuation for Global Expansion
Updated
Updated · Entrackr · Jun 4
TrueFan AI Raises $10 Million at $40 Million Valuation for Global Expansion
3 articles · Updated · Entrackr · Jun 4
Summary
$10 million in Series A funding gives TrueFan AI fresh capital to expand beyond India and build real-time AI video agents.
Baring Private Equity Partners India and Z3 Partners led the round, with existing backers IAN Alpha Fund and 3Lines Venture Capital joining at a $40 million post-money valuation.
TrueFan says demand is already coming from Southeast Asia, the Middle East and the US, where it plans to take its enterprise AI video platform next.
The Gurugram startup serves more than 100 enterprise clients including HDFC Bank, Zomato and BharatPe, generating up to 500,000 localized videos a minute in 175-plus languages.
FY25 revenue reached Rs 17.1 crore, about $2 million, up 131% year on year as brands adopt personalized AI video and avatar tools.