The Cloud based video creation platform has more than 800,000 users across 150 countries till date will use the funding to accelerate product development and build out InVideo’s collaborative, cross device video creation suite.
With an aim to equip every Indian with an ETF, this step aids new investors diversify and improve returns on their portfolio. Additionally, the platform expects to rope in 1 lakh users to invest in ETFs in the next 12 to 18 months.
The round was led by Jungle Ventures with participation from existing investors - Unitus Ventures, 3One4 Capital and Venture Highway. The funds will be utilized to scale the platform and expand business operations in India and overseas markets.