Flickstree, a content and marketing technology startup secured investment led by Venture Catalysts Group, India’s first incubator and largest accelerator for startups and 9 Unicorns, in its pre-series B round of funding.
Flickstree is a content led video commerce platform that enables transactions for their brand partners, leveraging in house video content, created using patented AI. The platform uses AI voiceover, AI script, and auto-generates branded video content. These videos are distributed through its own apps and websites such as PlusYou Club, and a network of more than 150 publisher partners. Flickstree currently has an active client base in India, Middle East, South-East Asia, UK, Australia and USA.
Flickstree is a global product with an extremely asset lite plug-and-play model. Its inception took place in 2016. The company was started by Saurabh Singh, Rahul Jain and Nagendra Sandra, who hold a combined domain experience of over 30 years. With a team that specializes in the fields of branding, sales & distribution, digital marketing, machine learning and artificial intelligence technology, the company caters to over 200 brands worldwide, driving transactions over $50 million annually and boasts an active user base of 25 million on its platform.
Reflecting on leading the funding round for Flickstree, Dr. Apoorva Ranjan Sharma, Co-Founder, Venture Catalysts & 9Unicorns said, “Flickstree uses the power of Artificial Intelligence to create the most compelling branded video content at scale, at no-cost for brands. Moreover, they use their data engine to promote these videos that keeps churning transactions on an auto-pilot mode. In sum, Brands get videos at no cost and consumers love watching these videos and buy their products and services. This makes it a win-win platform for all brands globally.”
On securing funds in the pre-series B round, Saurabh Singh, CEO of Flickstree said, “Consumers love watching video content before making transactions. That’s why content-led commerce is the future of e-commerce. Flickstree’s AI creates great content that consumers love to watch and transact, making this a cutting-edge platform to partner with, for all e-commerce brands worldwide.”
In its pre-series B round of funding, Flickstree secured US $5 million, which it plans to utilize for global expansion, along with strengthening its product and technology.