Business Daily Media

.

No-code VideoTech Platform, Revidd.com, Raises USD 1.1 MM from Inovnis SA and CIIE.CO

VIZAG, INDIA - EQS Newswire - 30 May 2022 – Revidd.com (https://Revidd.com) was founded in 2021 by Kiran Pasavedala, Sampath Mallidi and Naresh Uppada. The company is a No-Code SaaS platform which enables anyone with video content to launch their own customizable video streaming product or digital TV in less than 5 minutes.



"Today, building online video platforms is expensive, time consuming and requires deep tech skills for content creators to bootstrap their own video centric products. Our no-code solution revolutionises video tech business. Our product equally caters the needs of an individual as well as the global private and public entities, which is a rare combination" says Kiran Pasvadela, co-founder and CEO of revidd.com

With the capacity to seamlessly integrate within your own environment, revidd makes launching your streaming channel or app easy, fast and affordable. The process is unambiguously clear and intuitive, which involves choosing a customizable template, uploading content for your viewers to navigate and monetization for steady revenue.

Commenting on the investment, Olivier Meyer from Inovnis SA said "Inovnis is thrilled to join the three co-founders of Revidd.com by providing the company $1,000,000 in seed capital and supporting the further expansion of their vision. We believe that the video industry is undergoing a profound change due to the rapid expansion of the market while still operating on legacy infrastructure.

We are impressed with the team's outstanding ingenuity and capacity to answer the demand, thus leading the way for significant disruption and growth."

Revidd went against the grain to build itself and is fundamentally differentiated by its ability to bring Video on demand, Live Streaming, Video conferencing and CloudTV Channels in one place, providing a potential option for content creators to manage and monetize video content in several possible ways. The ideal functionality delivers the creators/customers with proactive insights and warrants them their desired platform.

"Enabling creators to truly build content rich platforms is the heart of Revidd. Their technology empowers video content creators to focus on what they do best - create while technology complexity is simplified by Revidd. We are happy to support the founding team to build a global product to tap into a $1.7T market."

says, Chintan Antani, Vice President, Seed Investments at CIIE.CO (IIM Ahmedabad's startup accelerator and incubator).

In the second year of activity, the Vizag-based company already employs 68 employees attending the needs of customers from ten countries across four continents.

With this seed investment, the company intends to set up shop in the USA to further expand the North American market, hire ingenious talent and strengthen the product and technology. The company aims to bring 60% cost savings with its own decentralised storage and streaming network.

Revidd intends to become the first technology platform of its kind, with a no-code end-end horizontal solution in multiple verticals where anyone can launch their own video platform effortlessly.

Distributed by APO Group on behalf of Revidd.com.

Download image: https://bit.ly/3PNB6BO

News from Asia

Generali Hong Kong launches Go Green Campaign for SMEs to drive sustainability

HONG KONG SAR - Media OutReach - 2 February 2023 - Generali Hong Kong has been committed to creating a more inclusive and sustainable future for next generations...

NTT enhances its Managed Campus Networks portfolio with Palo Alto Networks Prisma® SASE to address networking, security and business management challenges

The new ​managed ​SASE solution builds on NTT’s Managed Campus Networks platform to provide customers with enhanced capabilities, new features, and a fully managed end​-​to​-​end serv...

Vetter’s Clinical Facility Demonstrates Success with Five Client Products Now on the Market

Both the US Skokie and European Rankweil sites address customer needs in early-phase drug development Clinical development pipeline is essential to global business strategy for in-h...

Jerry Coworking Space Shakes up the Coworking Industry with "Best Price Guarantee" to Offer 25% Lower Prices than its Competitors’ Lowest Offer

KUALA LUMPUR, MALAYSIA - Media OutReach - 3 February 2023 - Colony Coworking Space, a leading provider of flexible office solutions, has just announced the introduction of their new "Best Price Gu...

OctaFX joined forces with a local partner to provide emergency aid for flood victims in Kelantan, Malaysia

OctaFX joined its local partner in providing emergency aid for the victims of intense flooding in the state of Kelantan, Malaysia. KUALA LUMPUR, MALAYSIA - Media OutReach - 3 February 2023 - The i...

The British Ambassador welcomes the launch of Malvern College Tokyo at British Embassy.

TOKYO, JAPAN - Media OutReach - 3 February 2023 - Malvern College celebrated the launch of its seventh overseas school, Malvern College Tokyo, at the British Ambassador's Residence yesterday. A co...

RGE closes inaugural US$550 million Sustainability-Linked Derivative with MUFG

Sustainability-Linked Derivative (SLD) supports RGE's strategy of pivoting its financing towards SLLs, a total of US$1.6 billion secured in 2022 Besides hedging the interest rate ris...

Metamorphosis By De Beers: Prelude

Introducing the first chapter of De Beers’ magnificent new High Jewellery collection, inspired by Mother Nature’s transformation through the seasons PARIS, FRANCE - Media OutReach - 3 February...

LOHAS EXPO x Natural, Organic, Green Life Expo 2023

Asia's largest LOHAS Expo Including commerce and public HONG KONG SAR - Media OutReach - 3 February 2023 - The " LOHAS EXPO x Natural, Organic, Green Living Expo 2023" (referred to as LOHAS Expo) ...

Spackman Media Group Artist Son Suk-Ku Ranks #1 In The 2023 MALE ACTORS TO WATCH Survey In Korea

Spackman Media Group artist Son Suk-ku secured the top spot in the 2023 MALE ACTORS TO WATCH survey conducted by Cine21, a weekly film magazine in Korea The ranking...

Business Reports

Deputy appoints Silvija Martincevic as global CEO

Deputy appoints new global CEO Silvija Martincevic after reaching $100M in annual recurring revenue Company prepares for its next phase of growth and focuses on scaling internationally Deputy, the shift management plat...

Why you need an Angel Investor as a female founder and where to find one

As a woman founder who grew a business for 10 years before selling it to investors, I know firsthand the importance of finding your ‘Angel’ to take your business to the next level. Angel investors are so important in the sta...

Rakuten Advertising Names Neil Cao as Commercial Director of China

The new Commercial Director will lead Rakuten Advertising’s business and commercial strategies in the country Australia, February 8, 2023: Performance advertising company Rakuten Advertising today announced the appointme...