Highlights
Phot.AI Secures $2.7 Million in Seed Funding for AI-Driven Solutions
Phot.AI, a platform that utilizes AI for creative automation, has successfully raised $2.7 million in a seed funding initiative led by Info Edge Ventures. This funding round also included contributions from Together Fund and AC Ventures, alongside participation from more than 50 angel investors. Notable investors include Sahil Goel and Akshay Gulati from Shiprocket, Aakash Anand of Bella Vita, Arjun Vaidya from V3 Ventures, Prabhkiran Singh from Bewakoof, Puneet Gupta and Anmol Jain from Astrotalk, Sandeep Agarwal of Droom, Vishesh Khurana, and Raj Snehil from Tribe Capital, as well as Pawan Gupta from Fashinza.
The financial backing will be allocated towards expanding the team, enhancing research and development, and launching the highly anticipated copilot feature, as indicated in a recent press statement from the company.
Background of Phot.AI and Its Founders
Phot.AI was co-founded in 2023 by Venus Dhuria, Aneesh Rayancha, and Akshit Raja, who have prior experience with AppyHigh—a successful app publishing studio boasting over 700 million downloads and extensive investments in over 100 emerging startups.
Innovative Solutions for E-commerce Brands
Phot.AI specializes in automating creative designs and marketplace listings specifically catered to e-commerce, brands, and retail operations. The platform’s AI agents are designed to consistently learn and identify which designs yield the best performance across various product categories and marketplaces.
In today’s fast-paced e-commerce landscape, brands are increasingly facing the necessity for captivating visuals. This requires regular updates to product listings, advertisements, and social media content. Phot.AI’s automation service offers a remarkable reduction in manual efforts and associated costs—by up to 80%—facilitating quicker go-to-market strategies for brands. Additionally, the platform supports A/B testing of creatives, enhancing conversion rates by 40%, while ensuring that all visuals meet the formatting standards and guidelines of major marketplaces like Amazon and advertising platforms such as Google.
Features and Capabilities of Phot.AI
Phot.AI has already developed a robust core engine for creating AI Agents, which incorporates over 25 advanced photo editing tools alongside a design studio equipped with an integrated App Store. This platform facilitates product photography, image enhancement, and batch processing all powered by Generative AI.
Boasting over 3 million sign-ups prior to its official launch, Phot.AI has demonstrated substantial traction within the realm of AI-driven e-commerce design automation. To date, more than 25 businesses are leveraging its photo editing APIs to optimise workflows and increase conversion rates.
