TrueFan AI, an artificial intelligence-based video platform, announced it has raised $10 million in a Series A funding round led by Baring Private Equity Partners India and Z3Partners, with additional investments from IAN Alpha Fund and 3Lines Venture Capital. This capital will facilitate the company's international expansion and enhance its AI infrastructure. TrueFan has experienced significant growth, increasing its video production from 5 million to over 20 million annually, with a target of 50 million videos this year. The platform serves over 100 enterprises across various sectors including banking, healthcare, and media, working with clients like Bajaj Finance and Zomato. TrueFan's innovative AI video model allows large enterprises to create video content at scale, generating up to 500,000 videos per minute in more than 175 languages. The company has also developed AI avatars for over 150 celebrities, enabling brands to significantly increase their video content output. CEO Nimish Goel stated that AI is revolutionizing video creation, making it a fundamental communication tool for enterprises.