Bajaj Finance acquires 5% stake in video generation platform TrueFan AI
Mumbai: Bajaj Finance Ltd has acquired a 5% stake in TrueFan AI, an artificial intelligence (AI)-powered video generation platform, the non-banking financial company said in a release on Tuesday. The company did not disclose the financial details of the deal.
TrueFan AI is operated by Hogwarts E-Learning Universe Pvt. Ltd. The investment is part of Finserv Intelligence, Bajaj Finserv Ltd’s group-wide initiative focused on applied research and innovation. Bajaj Finance is a subsidiary of Bajaj Finserv.
