1Bstories Pvt Ltd

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1Bstories Pvt Ltd - overview

Established

2021

Location

Singapore, -, Singapore

Primary Industry

Software

About

Based in Singapore and founded by Anuvrat Kottamasu Rao (CEO) in 2021, 1Bstories Pvt Ltd operates as a software development company offering artificial intelligence (AI) based music and video platform. In July 2023, the firm raised USD 5. 5 million in venture funding led by investor Northstar Group. The company through its AI-powered video creation platform enables users to create engaging and professional videos in five simple steps.


Starting with repurposing existing content like existing articles, topics, or prompts, to an article or a webpage, then the platform provides customizable AI avatars and voiceovers, allowing users to narrate videos using AI-generated voices and faces. The users then need to pick a template from a variety of brand-safe templates or use their own, to generate their videos in seconds, ready to be edited and shared. Additionally, Vidiofy enables video distribution across various platforms, including chat apps, newsletters, the Open Web, and social media, and helps users achieve their desired outcomes like engaging social media audiences, aiding in product sales, or customizing marketing messages, etc. The company plans to utilize its July 2023 funding to grow its workforce, speed up the development, and launch the Vidiofy platform.


Current Investors

Northstar Group

Primary Industry

Software

Sub Industries

Social Networking & Communication Platform, Web Applications, Analytics & Performance Software, Music & Video Streaming Software

Website

www.1bstories.com

Verticals

Artificial Intelligence, Mobile Apps

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

1Bstories Pvt Ltd - financials

Fiscal Year EndedJul 31, 2022Jul 31, 2023
Revenue (USD)--
% Revenue Growth (YoY)--
EBITDA (USD)--
Operating Income (USD)--
Operating Margin--
% EBITDA Margin--
NET Income (USD)--
% Net Margin--

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