Toch.ai, a New York and Mumbai India-based AI-driven SaaS platform that helps broadcasters, OTT platforms, media platforms, and creators to revolutionize videos, raised $11.75 million in Series A funding by Moneta Ventures, Baring Private Equity India, Binny Bansal, Saikiran Krishnamurthy, Ventureast, Huashan Capital, 9 Unicorns, Anthill Ventures, Cathexis Ventures, SOSV, Artesian and Innoven Capital backed by Temasek and United overseas bank. 

The funding will be used to scale up technology infrastructure and venture expansion into global markets with a specific focus on foreign markets.

Company: Toch.ai

Raised: $11.75M

Round: Series A

Funding Month: October 2021

Lead Investors: 

Additional Investors: Moneta Ventures, Baring Private Equity India, Binny Bansal, Saikiran Krishnamurthy, Ventureast, Huashan Capital, 9 Unicorns, Anthill Ventures, Cathexis Ventures, SOSV, Artesian, and Innoven Capital 

Company Website: https://toch.ai/

Software Category: AI-driven platform

About the Company: Founded in 2016 by Vinayak Shrivastav, Saket Dandotia, and Alok Patil, Toch.ai is an AI-driven platform that uses cloud-agnostic and deep learning algorithms for the automatic interpretation of content featured in videos. Their state-of-the-art technology helps to process content on the fly, including, automatically meta-tagging it, understanding the context, identifying key moments, and processing video content automatically and instantly. Through its proprietary technology Toch.ai helps its partners to drive engagements, increase interactions, and grow revenue across their video content while managing risks and reducing costs. Toch.ai caters to a vast network of broadcasters, OTT platforms, media platforms, and creators, enabling them to cater to the changing demands from the market, be it from an audience standpoint or competition.

Source: https://www.prnewswire.com/news-releases/tochai-raises-close-to-12-million-in-series-a-to-transform-digital-video-content-industry-301395087.html