Rephrase.ai raises $1.5M to use synthetic media for personalized sales pitches

Bangalore-based Rephrase.ai has an ambitious vision for reshaping how movies and videos are made. CEO Ashray Malhotra laid it out for me yesterday, saying that his co-founder Nisheeth Lahoti "came up with this concept — he wants to build an engine that can take any script as input and create a professional movie," no filming required. The startup was part of the Techstars Bangalore program in 2019 and is announcing today that it has raised $1.5 million in seed funding led by Lightspeed Venture Partners and AV8 Ventures.

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