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Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/
May 25, 2023 06:00 AM Eastern Daylight Time
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Digital Asset Direct
News ReleaseWorld Record Travel by Travelport: 7 Wonders of the World in Less than 7 Days
YourUpdateTV
A video accompanying this announcement is available at: https://www.youtube.com/watch?v=3tfcL-uWQy s Travelport, a global technology company that powers travel bookings for hundreds of thousands of travel suppliers worldwide, and Jamie McDonald, a British adventurer better known as “ Adventureman ”, today announced a new world record – the fastest time to visit the new Seven Wonders of the World, achieved in less than seven days. Confirmed by Guinness World Records, the journey was achieved in 6 days, 16 hours, and 14 minutes, using only public transportation. The challenge was set to Adventureman by Travelport in order to put the company’s modern retail platform, Travelport+, to the test, proving that the company’s technology allows its travel agency partners to simply plan, book and manage even the world’s most complex trip. “When we began upgrading our agency partners to Travelport+ in 2021, it was with the intent of making the complicated travel industry easier and faster to navigate,” said Greg Webb, Chief Executive Officer at Travelport. “This epic adventure was the ultimate test for our platform – could we take the world’s most complex trip and make it simple? Could we ensure it was easy to service? Would the platform be agile enough to accommodate whatever unforeseen bumps the trip encountered? Six days, sixteen hours and fourteen minutes later, we had our answer: yes, yes and yes. This trip also proves that, after a few challenging years for the industry, travel is most definitely back and better than ever.” Travelport+ provides global travel agents with modern retail technology that allows them to compare millions of travel routes and select the best one for each individual traveller. Travelbag, a travel agency who has been a longtime partner of Travelport, booked all aspects of Adventureman’s trip via Travelport+, and they were able to search, filter, find, compare and build the most complex itinerary with ease using Smartpoint Cloud. Adventureman had round-the-clock access to a dedicated Travelbag Travel Specialist who, on his request, tracked evolving travel restrictions, identified schedule changes, and made necessary tweaks to his itinerary in real time. He also was able to access Travelport’s Trip Manager feature on the go, in order to add ancillaries and extras (meals, paid seats, etc.) to his itinerary. For travelers who want to visit one, or all, of the seven modern wonders themselves, Travelbag has a range of packages available, allowing travelers to visit all seven wonders of the world themselves (packages starting from £31,000) or visit an individual wonder (packages starting at £1,300 per person). Depending on each traveler’s individual requirements, Travelbag can tailor-make the perfect holiday. “At Travelbag, we’ve planned and booked thousands of trips, and yet, even we had never seen an itinerary this complex before,” said Caroline Foxwell, Sales and Service Leader at Travelbag. “The retailing tools from Travelport+ are so powerful – Smartpoint Cloud made booking and servicing this trip so easy, it practically did the job for us. Travelport+ helps us to build the perfect itinerary for our clients, time and again, even when that client is a globetrotting, world record-setting superhero!” Adventureman began the trip at the Great Wall of China, the world's longest human-made structure, and the world-record clock started ticking the moment he left the first wonder via toboggan. Second, he visited India’s Taj Mahal – the country’s top tourist destination, which is widely considered a symbol of eternal love. From there, he traveled to Jordan and then by bus to the ancient city of Petra, whose carved rose-red sandstone rock facades, tombs, and temples became even more famous from their role in Indiana Jones and The Last Crusade. Departing Jordan, Adventureman flew to Rome to see its legendary Colosseum, envisioning ancient gladiator battles before he made time for a quick pizza pit stop (the only non-airplane food he consumed during the trip). Christ the Redeemer, the world’s largest art deco statue, brought Adventureman to Brazil, where he was equally in awe of the view from its platform as he was of the statue itself. The sixth wonder, Machu Pichu (an Incan citadel nearly 8,000 feet above sea level) was Adventureman’s favorite: he plans to go back one day and bought a stuffed llama toy there to bring back for his daughter. Finally, after only 6 days, 16 hours and 14 minutes, he reached Chichén Itzá, an archeological site that was a hallowed place of ceremony in the Mayan culture. For Adventureman, a main focus of the record-breaking trip was raising funds for his charity, the Superhero Foundation. As a child, Jamie was diagnosed with a rare spinal condition called syringomyelia, and doctors warned his parents that he might lose the ability to walk. Through the help of many doctors, hospitals and his family, his health improved, starting him on his lifelong mission of giving back to sick kids around the world. To kick start fundraising efforts, Travelport has donated $22,856, a dollar for every mile that Jamie, a Pride of Britain winner, traveled for this challenge. The money will be utilized to continue the charity’s mission: helping families in need fund treatments, therapies and equipment that aren’t freely available to them through their traditional or local healthcare support system. “In my previous adventures, I’ve run solo across America (the equivalent of 210 marathons) and have cycled 22,000 kilometers from Thailand to the United Kingdom, and yet, this was certainly my most complex, complicated trip yet,” said Jamie McDonald, better known as Adventureman. “With travel, there are just so many variables – weather, restrictions, delays, customs, traffic, cancellations, you name it. When you’re attempting to set a world record, speed and agility are absolutely key. There was no other partner besides Travelport that could’ve made this all possible.” For the trip to be endorsed by Guinness World Records, Adventureman had to abide by several rules: Use only scheduled public transportation, with licensed taxi rides unable to exceed 50 kilometers Keep a logbook with clearly indexed evidence (receipts, tickets, etc.) supporting each step Obtain receipts and/or tickets everywhere available Use accurate professional equipment (i.e. GPS tracking equipment) Take videos and photos showing the applicant, the location and the date at each site visited Get a written or recorded statement from an official member of staff, local dignitary and/or police officer at each site Understand that the ‘clock’ starts the moment the challenger leaves the first wonder site, and it does not stop for any reason until the challenger sets foot in the final site Protecting the environment is of the utmost importance to both Travelport and Adventureman. The company calculated the carbon emissions from Adventureman’s trip using using the Travel Impact Model, a shared framework for calculating air travel emissions maintained by Google and developed as part of Travalyst, an independent not-for-profit organization of which Travelport is a member. Travalyst is working to unify industry tools and information to bring sustainable travel to the mainstream. As such, the total CO2 emissions of the world record trip was 2,523 kg. Travelport will remove these emissions with high-quality carbon dioxide removal services from Climeworks. To learn more about the Seven Wonders Challenge, to book a trip to the Seven Modern Wonders, or to make a donation to the Superhero Foundation, please visit Travelport.com/7wonders Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com
May 24, 2023 04:00 PM Eastern Daylight Time
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News ReleaseNational Association of REALTORS® Housing Market Update: Spring Homebuying Season Shows Steady Demand
YourUpdateTV
A video accompanying this announcement is available at: https://youtu.be/ISQQ6BDbGW0 With the spring buying season in full swing, many Americans are contemplating whether it’s a good time to buy or sell a home. Higher mortgage rates and relentless competition for the few houses on the market are some of the many reasons sellers and buyers should work with an agent who is a REALTOR® to find the right home and negotiate the terms of sale. In fact, according to NAR: Overall, home sales are trying to recover, but they’re heavily influenced by interest rates. Existing-home sales will drop 9.3% this year compared to 2022 but will increase by 15.4% next year. The typical seller receives 3.1 offers on their home, and 33% of homes are selling above list price. NAR expects prices will stabilize, dropping 1.8% this year before improving 2.8% in 2024. Median existing-home prices will mostly stabilize – with the national median existing-home price decreasing by 1.8% in 2023, to around $380,000. Sales in the second half of the year should be notably better than the first half as job gains continue and more favorable mortgage rates are expected. Housing inventory is also expected to remain tight in 2023, with housing starts below historical averages. However, housing starts will increase by 6.9% in 2024. As the market continues to shift, it is important to consult an expert real estate agent who can provide essential guidance to help consumers navigate the homebuying and selling process. In fact, 91% of homebuyers say they would engage their agent again or recommend them to others. Agents who are REALTORS® not only help people achieve the dream of homeownership but also help them create long-term wealth and financial stability for their family. Over the past decade, the median-priced home in the U.S. gained nearly $200,000 in value, making the typical homeowner 40 times wealthier than if they had remained a renter. Additionally, homeowners who benefited from home price appreciation in the last decade saw their debt decrease by 21%. If you’re looking for a REALTOR ® in your area, visit REALTOR.com. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com
May 24, 2023 02:00 PM Eastern Daylight Time
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News ReleaseGamelancer announces company has now surpassed 40 million followers and subscribers
Gamelancer Media Corp
Gamelancer Media Corp CEO Jon Dwyer joined Steve Darling from Proactive to share news the company has surpassed 40 million followers and subscribers across its 54 owned-and-operated TikTok, Snapchat, and Instagram channels - and continues to grow by over 1.5 million new followers monthly. Dwyer also shared with Proactive the company has added a key piece to its team by bringing on Gopal Patel as Vice President. Patel bring a wealth of experience with him in developing key partnerships with major sports organization like Maple Leaf Sports and Entertainment and Canucks Sports and Entertainment. Dwyer also told Proactive the company has announced a new partnership with OviO, a gaming app based in Tel Aviv.. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com
May 24, 2023 01:50 PM Eastern Daylight Time
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News ReleaseCharge Against Berkshire Hathaway Shareholder Dropped
National Legal & Policy Center
Today, Peter Flaherty, Chairman of the National Legal and Policy Center issued the following statement: "The trespassing charge has been dropped, but I never should have been arrested. Nor should I have been handcuffed, fingerprinted, brought to jail, and detained for three hours. Berkshire Hathaway’s silencing of me is an ominous precedent for the rights of shareholders in public companies that cannot be allowed to stand. I did not just wander into the Berkshire shareholders meeting, nor did the incident occur during a question-and-answer session. I was a scheduled speaker, whose name appeared on the agenda, to speak in support of Proposal #8 for an independent chair. The proposal appeared in the proxy and for weeks shareholders had been voting on it. It was the subject of a detailed proxy memo we filed with the Securities and Exchange Commission on April 21. As far as I know, the arrest of a shareholder during a proposal presentation has never before occurred at the annual meeting of a public company in the United States. Shareholder activists of the past such as Wilma Soss (the basis for the Carol Burnett “cleaning lady” character) and Evelyn Y. Davis often challenged and certainly annoyed CEOs, but their microphones were never cut and they were certainly never arrested. I have spoken at the annual meetings of dozens of public companies over the past 19 years. My demeanor at the Berkshire meeting was no different from any other. There was no reason to throw me out except that I came too close to the truth. Additional revelations about Bill Gates and Jeffrey Epstein since the meeting confirm the importance of the issue I sought to raise, namely the reputational risk to Berkshire Hathaway by having one individual hold both the Chairman and CEO positions, especially if that person is so closely identified with particular causes and personalities. The whole point of the shareholder proposal process is to allow shareholders critical of management an avenue to change corporate policy. To simply silence and arrest a shareholder who disagrees with management stands the whole concept of having public shareholders on its head. If Warren Buffett thinks that since he owns 15% of Berkshire shares, that he can act with impunity, he is mistaken. Shareholders have rights, and I intend to enforce mine." Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org
May 24, 2023 10:00 AM Eastern Daylight Time
News ReleaseShareholder to Demand Greater Transparency from McDonald’s, Walmart About Business Risks in China
National Legal & Policy Center
As shareholders are set to attend annual meetings over the next week for McDonald’s Corporation and Walmart Inc., National Legal and Policy Center will ask fellow investors to support its proposals to provide greater transparency about the companies’ risks of doing business in China. NLPC will present “Communist China Risk Audit” proposals at the meetings, which seek reports to shareholders that address “the nature and extent to which corporate operations depend on, and are vulnerable to, communist China….” The McDonald’s proposal is No. 7 on Page 93 of the company’s proxy statement. For Walmart, NLPC’s proposal is No. 11 on Page 116 of its proxy statement. Both companies oppose NLPC’s proposals. In response, NLPC filed rebuttals at the Securities and Exchange Commission in support of its resolutions to be considered at the McDonald’s meeting, to be held May 25, and at Walmart’s meeting, scheduled for May 31. Read NLPC’s SEC filing for McDonald’s here, and for Walmart here. NLPC’s report to the SEC on McDonald’s outlines some of the risks inherent in doing business in China, and notes: McDonald’s 2023 first quarter [report] states that “(financial) results reflected strong operating performance across the (International Developmental Licensed Markets & Corporate) segment, led by Brazil and China.” China is a clear driver of McDonald’s business performance, making its reliance on China a critical risk, as there are a number of factors that could harm the company The United Nations calls on companies to “provide information that is sufficient to evaluate the adequacy of an enterprise’s response to the particular human rights impact involved.” If McDonald’s is being “guided” by this principle and is already discussing significant risk exposures using “robust risk management program,” then a report…should be easy to deliver and provide investors with meaningful insights. An excerpt of NLPC’s filing for Walmart states: The magnitude of its risk in China is not comparable to the general business risks (already) disclosed by Walmart, many of which are indistinguishable from the disclosures made by other public companies. China-specific risks are present across many parts of Walmart’s business… Walmart has invested a considerable amount in its Chinese infrastructure. Thus, potential disruptions due to political, economic, regulatory, or health issues could negatively impact Walmart’s investments in the region. China is McDonald’s second-largest market, with more than 5,000 restaurants representing nearly 13 percent of its total locations. The communist nation is Walmart’s fourth-largest market, behind the United States, Central America, and Canada, with 365 stores representing nearly seven percent of its international locations. “Considering the extent of revenue generated and supply chain that is dependent on China, McDonald’s and Walmart owe their shareholders more transparency and specificity about their respective risks in the extensive amount of business they do there,” said Paul Chesser, director of NLPC’s Corporate Integrity Project. “Between human rights atrocities and Chairman Xi Jinping’s saber-rattling against Taiwan, the feasibility of continuing operations there may be tenuous. We urge their boards of directors to disclose more.” Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. ### For more information or to schedule an interview with Paul Chesser, contact Dan Rene at 202-329-8357 or drene@nlpc.org. Please visit http://www.nlpc.org. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org
May 24, 2023 09:30 AM Eastern Daylight Time
News Release‘Ready for Ron’ Now ‘Ready to Win’
Ready for Ron
For more than a year, Ready for Ron, an independent group working to Draft Florida Governor Ron DeSantis to run for President, actively built support for his candidacy. A petition with more than 250,000 signatures (and a lawsuit against the Federal Election Commission to share it) tens of thousands of TV and online ads, along with millions of phone calls, mail pieces, and emails, and a grassroots and coalitions program has done its job - Governor Ron DeSantis is expected to soon announce he’s running for President. With Governor DeSantis about to become an official candidate, Ready for Ron is changing its name to ‘Ready to Win’ to reflect its singular mission to nominate and elect Ron DeSantis to win in 2024. “We spent an entire year running thousands of TV ads, millions of mailings, and tens of millions of online, email, and social connections to drive the narrative – Ron DeSantis will be our next President,” stated Ed Rollins, Ready to Win’s Chief Political Strategist. “We built an infrastructure. We completely changed the discussion. With a quarter million petition signers calling for him to run we are thrilled that we see our goal achieved - Ron DeSantis entering the Presidential race. He may well be the only leader who can defeat Joe Biden.” In addition to its outreach and engagement initiatives, Ready for Ron worked with Impact Social to analyze the online and social media discussion in relation to Ron DeSantis and Donald Trump among swing voters. The data clearly and consistently shows Ron DeSantis can beat Joe Biden, and Donald Trump simply can’t. Additional data research with multiple vendors covering more than 19 million voters affirms these findings. “Winning the nomination and the general election requires us all to work together to build this movement and save our nation,” stated Ready to Win Counsel, Dan Backer. “Our groundbreaking research debunked the bad polling plaguing Republicans for more than eight years. Using cutting edge massive data monitoring proves what everyone already knows - Donald Trump’s supporters are loyal and loud, but confined to only a sliver of the population that cannot grow. Moderate, swing, and independent voters are not coming back to Trump, ever, and he cannot possibly win the general Election – Ron DeSantis can.” “Voters young and old both know Governor DeSantis has a proven track record of standing up for America’s values. He is committed to defending the rights of parents, getting inflation and government spending under control, and solving the problems the radical left is causing. He dares to say no to the bullies, no matter how powerful they may seem. He can deliver safe streets, sane schools, and a soaring economy,” stated Gabriel Llanes, Executive Director of Ready to Win. “DeSantis is much more than a politician with savvy instincts; he is a public servant through and through. No ego to get in the way because he is about results.” “We will continue our ground-up grassroots efforts in key primary states, doing the hard work to train and mobilize a volunteer army to nominate, and elect, our next great American president,” Rollins continued. We feel DeSantis is well prepared to be the candidate to win the Republican nomination and beat President Biden. We are officially, Ready to Win!” ### For more information or to schedule an interview with a Ready to Win spokesperson, please contact Dan Rene at 202-329-8357 or dan@readyforron.com. Contact Details Ready to Win Dan Rene +1 202-329-8357 dan@readyforron.com Company Website https://www.readyforron.com/
May 23, 2023 02:50 PM Eastern Daylight Time
News ReleaseOYO Launches Discounted Stays as Memorial Day Weekend Bookings Soar
OYO
Global travel technology company OYO has announced a special offer for the upcoming Memorial Day holiday. This Memorial Day weekend is expected to be the busiest since 2000. Due to record anticipated travelers for the weekend, OYO is offering discounted stays to help travelers plan their holidays within their budget. Travelers can avail 33% off on all stays from 27 th to 31 st May 2023. With this 33% off discount offer, travelers can book 2 nights and get 1 night stay for free at select OYO hotels across the US. To redeem the offer, customers need to book their stay on the OYO app or website and enter the promo code “MEMORIALDAY.” Customers can also book by calling our representatives on +1 405-342-7056. OYO is also seeing increased demand in cities like Atlanta, Houston, San Antonio & Jackson. Speaking about the upcoming season, Gautam Swaroop, CEO OYO International said, “Memorial Day is an important holiday for the Americans. We are preparing for the busy summer season across the states, which officially kicks off this weekend. We anticipate a surge in bookings, as reports suggest that 42.3 million Americans will be traveling 50 miles or more for the long weekend, an increase of 2.7 million compared to 2022. We expect record-breaking hotel bookings within city limits and along highways, as a vast majority of Americans, approximately 37.1 million travelers, will be hitting the road.” OYO offers hotels access to a large base of regular customers through its app and website, and lists hotels on multiple Online Travel Agents (OTAs) to boost booking demand and revenue. OYO’s best-in-class Artificial Intelligence-enabled pricing software automatically drives the best booking prices across all channels, based on room type, seasonality and other factors, therefore, enabling such an increase in online revenues. OYO has started offering hotels the flexibility of not having to invest heavily in redoing the hotel to join the OYO platform, something that other budget hotel chains insist on. Therefore, the initial investment to join OYO is minimal. It has been focusing instead on standardizing service led components such as customer support and booking experience. The company helps ensure great experience for customers, with ease of search and a quick booking experience, highly competitive room prices as per market demand patterns, automated tools such as Artificial Intelligence powered chatbots to quickly resolve customer queries, loyalty programs and easy refund, if needed. Earlier this year OYO said that it is planning to add over 100 hotels in the US in 2023. This is nearly double the number of hotels the company added to its portfolio in 2022. OYO will focus on adding more hotels in the states of Oregon, Washington, Texas, Oklahoma, Georgia and Florida. Texas continues to be the largest and fastest growing market for OYO in the US, while it also has sizable concentration of hotels in Oregon, South and North Carolina, Florida & Georgia. In 2022, the company saw a ~23% increase in new hotels added to its portfolio in the US vs 2021. Furthermore, OYO’s US operations have outpaced the budget hotel segment in terms of revenue per available room (RevPar) with an 18% rise in RevPar in 2022 vs pre-covid year, 2019. In contrast the budget hotel segment grew by only 6% in the US. The company also achieved a 48% growth in revenue from bookings on its own platform, such as the app, website, mobile web and call centers in Q4 2022 vs same period in 2021. OYO’s app saw highest growth with a 99% surge in revenue from bookings in Q4 2022 vs same period in 2021. The company had earlier disclosed that its app is the second most downloaded travel app with over 100 million downloads globally. About OYO: OYO is a global platform that aims to empower entrepreneurs and small businesses with hotels and homes by providing full-stack technology products and services that aim to increase revenue and ease operations; bringing easy-to-book, affordable, and trusted accommodation to customers around the world. OYO offers 40+ integrated products and solutions to patrons who operate over 168,711 hotel and home storefronts in more than 35 countries including India, Europe and Southeast Asia, as of September 30, 2022. For more information, visit www.oyorooms.com. Disclaimer: Oravel Stays Limited is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its equity shares (the “Equity Shares”) and has filed the Draft Red Herring Prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”). The DRHP is available on the website of SEBI at www.sebi.gov.in, websites of the Stock Exchanges, i.e., BSE Limited and National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com, respectively, and is available on the websites of the Global Coordinators and Book Running Lead Managers, i.e., Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited and Citigroup Global Markets India Private Limited at www.investmentbank.kotak.com, www.jpmipl.com and www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm; the websites of the Book Running Lead Managers, i.e., ICICI Securities Limited, Nomura Financial Advisory and Securities (India) Private Limited, JM Financial Limited and Deutsche Equities India Private Limited at www.icicisecurities.com, www.nomuraholdings.com/company/group/asia/india/index.html, www.jmfl.com and www.db.com/India, respectively. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, refer to the Red Herring Prospectus which may be filed with the Registrar of Companies in the future, including the section titled “Risk Factors”. Potential investors should not rely on the DRHP filed with SEBI for making any investment decision. The Equity Shares offered in the Fresh Issue (as defined in the DRHP) and the Offer for Sale (as defined in the DRHP) have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) and, may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. Accordingly, the Equity Shares are only being offered and sold (i) within the United States only to “qualified institutional buyers” (as defined in Rule 144A under the Securities Act) in transactions exempt from, or not subject to, the registration requirements under the Securities Act, and (ii) outside the United States in offshore transactions in reliance on Regulation S under the Securities Act and pursuant to the applicable laws of the jurisdictions where those offers and sales are made. There will be no public offering of the Equity Shares in the United States. Contact Details Anupriya +91 97911 63065 anupriya.d@oyorooms.com Company Website https://www.oyorooms.com/
May 23, 2023 11:00 AM Eastern Daylight Time
News ReleaseShowtime: World’s first personalized human video platform Gan.ai raises $5.25M helping brands drop tailored video campaigns
Gan.ai
Brands have been able to personalize text, images and audio in their marketing campaigns for years and with the onset of AI resources, this has helped them scale their work. Today, Generative AI video platform Gan.ai is announcing a $5.25M seed funding round as they breach the final frontier of personalizing video for mass marketing campaigns. The funding round was led by Surge, Sequoia Capital India and Southeast Asia’s rapid scale-up program with participation from Emergent Ventures and other angel investors. With Gan.ai’s studio-quality video personalization software, brands simply need to record a video once, add dynamic keywords to a script, and Gan.ai will generate millions of hyper-customized videos in one click. Businesses can also create personalized landing pages with Gan.ai and deliver videos via preferred communications platforms, enabling specific interactions with users and tailored call-to-actions. The platform integrates with Shopify, Calendly, Stripe, Salesforce and Hubspot for businesses to create unique shopping and payment experiences also. Moreover, Gan.ai’s end-to-end solution also provides businesses with granular customer insights and video performance analytics. Gan.ai was founded in March 2021 by Suvrat Bhooshan and is headquartered in California, US. Suvrat previously worked at Facebook AI Research (FAIR) having completed his masters degree in computer science from Stanford University. His deep-learning papers have been published and cited over 300 times. Today, they are a team of 35 with a leadership team that includes Anupreet Singh as Chief Revenue Officer and Kushaagra Goyal as Chief Technology Officer. Anupreet Singh was US and Europe lead at Mettl (acquired by Mercer) and scaled up business from zero. Most recently, he was the GTM leader at Slintel (acquired by 6sense), where he achieved 0-$5M ARR in just two years. Kushaagra Goyal, leads the development of their disruptive generative AI technology. He has five years of experience working at Databricks, Rubrik and Samsung. He has published over ten patents in this field. Gan.ai is solving a pressing need for businesses as video becomes the go-to means in engaging users. The amount of online video people are watching has almost doubled since 2018, and an overwhelming 86% of businesses use video as a marketing tool. However, creating videos can often be a time-consuming process which lacks personalization when it comes to targeting a large audience. Suvrat Bhooshan, Founder and CEO of Gan.ai commented: “We’re empowering marketing teams around the world to generate a higher return on investment for video campaigns. Imagine a food delivery company being able to send a personalized video from a brand ambassador, addressing its customer by name and how they enjoyed items in their last order, or a clinic reminding a patient to book a follow-up appointment. This hyper-personalization leads to much higher conversion rates vs other static forms of communications. With Gan.ai, businesses will be able to scale their video personalization process while seamlessly integrating it with existing workflows. We’re excited to grow our operations with the new funds, and expand our sales and engineering teams across US and India,” he said. Gan.ai boasts a global customer base that includes brands such as Samsung, Zomato, vivo and gaming platform Mobile Premier League. In the US, Gan.ai has been used by some of the biggest brands including the largest chain of optometry and ophthalmology clinics, EyeCare Partners. “We record videos with influencers and celebrities, and now with Gan.ai, when they call out your name and tell you to take a personalized call-to-action the results are astounding. We saw a 5x increase in our Video Completion Rate, 3x increase in open rates, and 1.5x increase in our Click-Through-Rate," said user Tejnoor Grover at gaming platform Mobile Premier League. At TechCrunch Disrupt 2022, Gan.ai was one of the 200 technologies of the future. They have also been inducted into Stanford University’s prestigious StartX cohort in 2023. About Gan.ai Gan.ai is on a mission to democratize personalized video creation by allowing brands to customize videos for their customers using AI. Gan.ai helps organizations enhance the video creation process and reach out to their audience effectively by making personalized landing pages for customers and delivering customized videos via preferred communication platforms. It empowers organizations to generate a higher return on investment (ROI) for campaigns. For more information on Gan.ai, visit https://gan.ai/ or follow the team on LinkedIn. Contact Details Gan.ai Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://gan.ai/
May 23, 2023 09:00 AM Eastern Daylight Time
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