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Economics1h 36m ago

Peak XV-backed startup Avataar.ai has launched a new 14-billion-parameter AI video generation model called Varya, which its co-founder Sravanth Aluru stated will make video creation 27 times cheaper.

India

Who
Avataar.ai, Peak XV, Sravanth Aluru, Ashwini Vaishnaw
What
Peak XV-backed startup Avataar.ai has launched a new 14-billion-parameter AI video generation model called Varya, which its co-founder Sravanth Aluru stated will make video creation 27 times cheaper.
When
Fri, 12 Jun 2026 12:48:09 GMT · 1h 36m ago
Where
India ·
Why
Varya is designed to solve the problem of expensive video production, making video generation much cheaper to expand India's video content market.
The Frontline Impact

How this affects you

This development in AI video generation is expected to significantly reduce costs for content creators and businesses in India, potentially democratizing video content creation for education, commerce, and the growing creator economy. The government's support for AI initiatives underscores a national strategy to foster technological accessibility and economic growth.

Story chain

3 events in this thread
  1. Currently Reading1h 36m ago
    Peak XV-backed startup Avataar.ai has launched a new 14-billion-parameter AI video generation model called Varya, which its co-founder Sravanth Aluru stated will make video creation 27 times cheaper.
  2. Economics1h 36m ago
    Peak XV-backed startup Avataar.ai has launched a new 14-billion-parameter AI video generation model called Varya, described as India’s first distilled video generation AI model.
    Open article
  3. Economics1h 36m ago
    Peak XV-backed startup Avataar.ai has launched a new 14-billion-parameter AI video generation model called Varya.
    Open article

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