Video conferencing platform Ving raises funds from SucSEED Indovation

• ByStartupStory     |    May 25, 2022

Ving Pvt. Ltd. has raised funds from SucSEED Indovation, a Hyderabad headquartered found. Ving Hybrid set out to tackle a long-standing industry problem for Video Conferencing Room users. During the pandemic, video technology use increased by a factor of ten, exponentially extending the market and application cases. Education and government, which were previously non-users or late adopters, have now been introduced to the market, enhancing the market’s chances of success.

Ving Hybrid Technologies is based in Singapore and India and was founded by two ex-Cisco executives in 2020. Ving Hybrid wants to democratise Video Conference Rooms by providing a “One Stop VC Room Solution” with the vision of “Simplifying Collaboration.” Ving offers a smooth and magical user experience in any VC room, with any VC camera gear, and for meetings on any platform, including GoogleMeet, Zoom, Webex, and MS Teams.

Unlike other video conferencing businesses, Ving Hybrid offers customers to improve their experience by employing its exclusive scan QR code to join the process, which allows users to attend any conference from any room using any VC camera. 

Aditya Pisupati, the co-founder & CEO of Ving Hybrid Technologies said that the company’s goal is to give the best in class Hybrid collaboration experience by combining numerous conferencing and VC hardware operations into one application. Through its exclusive ‘Scan to Attend’ function, customers may join any meeting in any Ving equipped VC room, while IT staff can easily manage their infrastructure from a single location.

Vikrant Varshney, the co-founder and Managing Partner of SucSEED Indovation Fund said that according to Mordor Intelligence Report, the worldwide video conferencing industry was valued at $9.2 billion in 2021 and is predicted to grow at a 20% CAGR to $22.5 billion by 2020.

Follow Startup Story