Shows.ai, an Indian AI-driven presentation platform, has secured $3 million in seed funding led by Accel Companions. The Bengaluru-based startup helps firms rapidly generate presentation decks utilizing AI and plans to make use of the funds to scale its software program and develop operations.
The seed spherical additionally noticed participation from notable Indian entrepreneurs, together with Paytm’s Vijay Shekhar Sharma, CRED’s Kunal Shah, and Freshworks founder Girish Mathrubhootham, amongst others.
Based in 2018 by Sumanth Raghavendra and Ravi Kasthuri, Shows.ai has skilled speedy progress since launching its public beta in July 2023. The startup reached 1 million customers in simply 84 days and now has over 5 million customers worldwide.
AI for Presentation
The startup’s AI-powered platform goals to streamline the presentation creation course of, addressing a standard ache level for companies of all sizes.
Shows.ai simplifies presentation creation by leveraging AI and finest design practices. It makes use of superior language fashions and text-to-image know-how to generate content material and visuals whereas providing theme palettes, presentation kinds, and model templates for customisation.
To make sure enterprise safety, the platform contains safeguards in opposition to AI hallucinations and protects delicate knowledge.
The corporate transitioned to a freemium mannequin in early 2024 and now has 1000’s of paying customers. Its Professional plan is priced at $198 per yr, with localised pricing throughout totally different markets.
Different AI-powered presentation instruments, akin to Gamma and Prezi, have additionally been leveraging superior language fashions and ML to automate content material technology and design duties, streamlining the creation {of professional} displays.
Shows.ai at present generates 20% of its income from the US, adopted by India. Important markets embody the UK, Germany, Australia, Canada, and the Center East. With recent funding, the corporate plans to launch a devoted agent for creating displays inside any utility and construct an enterprise gross sales staff.
Not too long ago, Accel, together with Kae Capital, co-led a $2.6 million seed funding spherical for BPR Hub, an AI-driven compliance administration platform for producers.
Based in 2024, BPR Hub helps producers, significantly SMEs, streamline regulatory compliance by automating as much as 80% of high quality, compliance, and governance duties. With operations in San Francisco and Bengaluru, the corporate plans to make use of the funding for world growth, staff progress, and new characteristic improvement.
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