CE DESK 
Dashverse secures $13M Series A led by Peak XV Partners to scale its AI-driven mobile-first entertainment platform including DashReels and Frameo.AI.
Dashverse, an AI-powered entertainment startup, has raised $13 million in Series A funding led by Peak XV Partners, with participation from Z47 (formerly Matrix Partners India) and Stellaris Venture Partners. Founded in 2023 in Bengaluru by Sanidhya Narain, Lalith Gudipati, and Soumyadeep Mukherjee, Dashverse focuses on mobile-first AI platforms that allow creators to develop, publish, and monetise original stories.
Its ecosystem includes DashReels, a microdrama app with over 5 million downloads in its first month; Frameo.AI, a generative video studio; Dashtoon, a mobile comics app; and Dashtoon Studio, an AI-driven content creation platform. This funding will accelerate the development of Frameo.AI and DashReels while driving operational expansion. Dashverse aims to reach 100 million users in India before pursuing global growth, and will launch a freemium model with both free and premium features.
Sanidhya Narain, Co-founder and CEO of Dashverse said, “We’re entering a new era where content creation is no longer gated by resources, but by imagination. Just as camera phones turned everyone into a creator and unlocked platforms like Instagram and TikTok, generative AI will do the same for storytelling, but with far more powerful formats. This funding fuels our mission to build the creative infrastructure for this shift where mobile-first, serialized content becomes the default, not the exception.”
Abhishek Mohan, Principal at Peak XV said, “The creator economy is undergoing a seismic shift driven by generative AI, and Dashverse is at the very heart of this transformation. Their unique approach, combining proprietary AI with a deep understanding of storytelling and creator workflows, sets them apart. We were impressed by the team’s execution, the rapid traction of their consumer apps, and their ambitious vision to build the engine for modern entertainment. We are thrilled to partner with them.”
Aakash Kumar, Managing Director at Z47 said, “Dashverse is building a powerful engine for mobile-first, AI-native storytelling, at a pace that matches how audiences consume today. As one of India’s most promising AI startups, they reflect the country’s growing edge in global innovation. With a category-defining product and founder-led ambition, Dashverse is shaping the future of entertainment.”
