Mumbai-based Startup InVideo Secures Rs 110 Crore Investment

Online video-making startup, InVideo, has secured an investment of about Rs 110 crore from Sequoia Capital India and three other investors. With this investment, the Mumbai-based startup, which was launched in 2019, aims to expand its business to provide better technology solution for smooth creation and editing of videos. Sequoia's vice-president Prateek Sharma said, "InVideo is well-placed to become the platform of choice for video creation in a potentially $10 billion market."