AI startup founded by Kazakh entrepreneurs sees valuation soar 4x to ₹51,000 crore
Higgsfield, an AI startup established by Kazakh founders, has secured $400 million (approximately ₹3,800 crore) in Series B financing. The round was spearheaded by DST Global and has pushed the company's valuation to $5.4 billion (over ₹51,000 crore) in a span of roughly seven months. The firm specializes in building AI software designed for video and image generation and editing. Back in January of this year, the startup held a valuation exceeding $1.3 billion.
by shortkt.com✓