Series B funding of $40 million has been secured by AI-powered content platform Flam through primary and secondary transactions, led by QED Investors. The investment round included participation from Claypond Capital, the family office of Manipal Group chairman Ranjan Pai, actor Shah Rukh Khan’s family office, Australian Gulf Capital, and angel investors Martin Chavez and Olivier Pomel. Previous backers RTP Global and Dovetail also participated. Cofounder Shourya Agarwal confirmed a small portion of the round involved secondary capital. The capital will be deployed to scale research and development for AI models, broaden the product suite, and introduce new configurations for interactive content. https://lnkd.in/gyDTvPsQ #flamofficial #seriesbfunding #qedinvestors #startupfunding #venturecapitalindia #aiplatform #techstartups #fundingnews #growthcapital #enterprisecontent #augmentedreality #rtpglobal #manipalgroup #claypondcapital #startupindia #techinvestments #businessgrowth #innovation #fundinground #marketnews
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