Sequoia India’s Surge Backs Ai-Powered Video Creation Platform Gan.Ai In $5.2M Funding
May 23, 2023•over 2 years ago
Amount Raised
$5.2 Million
New DelhiInvestors
Emergent VentureSequoia CapitalSurge
Description
As many as 91% of consumers want to see more videos from brands, according to a recent survey by the startup Wyzowl, which says it surveyed more than 500 respondents. Google meanwhile reported in 2019 that 55% of consumers use videos in their purchasing decisions.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers