Toch.ai raises $11.75 mn to scale up tech infra, expand into global markets

The $224 bn digital video content and advertising industry has long been plagued with time-consuming, manual processes and Toch.ai is addressing that problem using technology

Toch.ai, a software-as-a-service platform announced an $11.75 million Series A funding by Moneta Ventures, Baring Private Equity India, Binny Bansal, Ventureast, 9 Unicorns, Anthill Ventures, Cathexis Ventures, SOSV, Artesian and Innoven Capital (backed by Temasek and United overseas bank). The firm provides its technology to top entertainment companies, streaming apps and media platforms globally to edit and present digital video content. The funding will be used to scale up technology infrastructure and venture expansion into global markets with a specific focus on foreign markets.

The firm was founded in 2016 by Vinayak Shrivastav, Saket Dandotia and Alok Patil. The $224