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AI content startup Flam raises $40M from QED Investors, Shah Rukh Khan, and others

The Bengaluru- and San Francisco-based tech startup, which delivers AI-powered interactive content, was founded by BITS Pilani alumni Shourya Agarwal, Malhar Patil and Amit Gaiki. It plans to use the funding on R&D, expanding its product portfolio, and scaling enterprise sales.