Ep 87: Creating the Future of Video with AI ft. VideoVerse
Sep 10, 2023
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Vinayak Shrivastav, Co-Founder & CEO of VideoVerse, discusses topics including remote work, bootstrapping vs funded businesses, identifying media problems, opportunities and tools in the Indian video content market, and the future of video content with AI and machine learning.
VideoVerse has developed Magnify, a tool that uses AI to generate key moments and highlights in the media industry, helping OTT platforms, sports teams, broadcasters, and sports leagues create engaging content at scale.
Elasto, another product by VideoVerse, offers a web-based manual editor for video content, enabling content creators and small businesses to edit and publish professional-looking videos without expensive hardware or software licenses.
Deep dives
Magnify: Key moments in highlight generation tool
Magnify is a tool developed by Videos that allows for the generation of key moments and highlights in the media industry. It uses EIML modules like OCR Vision and LP to track moments and publish them. This tool has found success in OTT platforms, sports teams, broadcasters, and sports leagues, helping them create engaging content at scale.
Elasto: Web-based manual editor for video content
Elasto is another product developed by Videos, which provides a web-based manual editor for video content. It enables content creators and small businesses to edit and publish videos without the need for expensive hardware or software licenses. Elasto is focused on serving individual streamers, creators, and SMBs, giving them the ability to edit and publish professional-looking content easily.
Expansion into European and US markets
Videos has expanded its presence into the European and US markets, setting up teams in London and the US to cater to the sports industry. By targeting football leagues and other sports organizations, Videos has found success in selling its products to clubs, rights holders, and federations. The company's focus on personalized and interactive content, automated reporting, content filtering, curation, and language translation is driving its growth and helping to offer tailored experiences to users.
Future Plans: Enhanced AI capabilities and assisted writing/editing
Videos' future plans include further leveraging AI capabilities in content generation, such as personalized content experiences and automated reporting. The company aims to provide content filtering and curation services to help users discover relevant and engaging content. Additionally, Videos is working on language translation and global reach solutions. It is also experimenting with assisted writing and editing tools to streamline the content creation process for its users.
Join us as we talk to Vinayak Shrivastav, the Co-Founder & CEO of VideoVerse about their story.
Vinayak pursued his bachelor's degree in mechanical engineering from Savitribai Phule Pune University. Following that, he gained valuable experience in a wide range of fields. He contributed as a production engineer at KMO Engineers, took on the role of business development head at BigSchoolBox.com, and served as the head of sales and marketing at iolytics.
His entrepreneurial spirit led him to co-found several successful ventures, including Styck, Magnifi, Illusto, and most recently, VideoVerse, established in 2022. Additionally, Vinayak holds the distinguished title of being an official member of the Forbes Technology Council.
š¢ About VideoVerse:
VideoVerse is a video tech company that encapsulates an ecosystem of smart video editing tools using AI for all enterprise and individual content creators.
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