Binny Bansal-backed SaaS startup VideoVerse raises $46.8 Mn to create next-generation video editing products
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VideoVerse, formerly known as Toch.ai, will utilise the capital to strengthen its team, technology and expand its products & global footprints while creating a conglomerate of AI-based next-generation video editing products, its press statement said. Other investors, who participated in the funding round, include Stride Ventures, Innoven Capital, and Pacific Western Bank, among others.