Technology
Revidd Obtains $1.1m to Revolutionise Video Content Creation
By Adedapo Adesanya
An Indian no-code video technology platform, Revidd, has raised $1.1 million from Inovnis SA and CIIE.CO to revolutionise video content creation.
The company is a no-code Software as a Service SaaS platform which enables anyone with video content to launch their own customizable video streaming product or digital TV in less than five minutes.
With this seed investment, the firm intends to set up shop in the USA to further expand the North American market, hire ingenious talent and strengthen the product and technology.
The organisation also aims to bring 60 per cent cost savings with its own decentralised storage and streaming network.
Revidd was founded in 2021 by Kiran Pasavedala, Sampath Mallidi and Naresh Uppada and with the fresh injection of funds, it intends to become the first technology platform of its kind, with a no-code end to end horizontal solution in multiple verticals where anyone can launch their own video platform effortlessly.
Speaking on the development, Mr Pasvadela, co-founder and CEO of Revidd said, “Today, building online video platforms is expensive, time-consuming and requires deep tech skills for content creators to bootstrap their own video-centric products. Our no-code solution revolutionises the video tech business.
“Our product equally caters for the needs of an individual as well as the global private and public entities, which is a rare combination.”
With the capacity to seamlessly integrate within an environment, Revidd makes launching a streaming channel or app easy, fast and affordable. The process is unambiguously clear and intuitive, which involves choosing a customizable template, uploading content for your viewers to navigate and monetization for steady revenue.
Commenting on the investment, Mr Olivier Meyer from Inovnis SA said “Inovnis is thrilled to join the three co-founders of Revidd.com by providing the company $1,000,000 in seed capital and supporting the further expansion of their vision. We believe that the video industry is undergoing a profound change due to the rapid expansion of the market while still operating on legacy infrastructure.
“We are impressed with the team’s outstanding ingenuity and capacity to answer the demand, thus leading the way for significant disruption and growth.”
Revidd went against the grain to build itself and is fundamentally differentiated by its ability to bring video on demand, live streaming, video conferencing and CloudTV channels in one place, providing a potential option for content creators to manage and monetize video content in several possible ways.
The ideal functionality delivers the creators/customers with proactive insights and warrants them to their desired platform.
“Enabling creators to truly build content-rich platforms is the heart of Revidd. Their technology empowers video content creators to focus on what they do best – create while technology complexity is simplified by Revidd. We are happy to support the founding team to build a global product to tap into a $1.7T market,” says, Mr Chintan Antani, Vice President, Seed Investments at CIIE.CO.
In the second year of activity, the Vizag-based company already employs 68 employees attending to the needs of customers from 10 countries across four continents.
Technology
Leticia Otomewo Becomes Secure Electronic Technology’s Acting Secretary
By Aduragbemi Omiyale
One of the players in the Nigerian gaming industry, Secure Electronic Technology (SET) Plc, has appointed Ms Leticia Otomewo as its acting secretary.
This followed the expiration of the company’s service contract with the former occupier of the seat, Ms Irene Attoe, on January 31, 2026.
A statement to the Nigerian Exchange (NGX) Limited on Thursday said Ms Otomewo would remain the organisation’s scribe in an acting capacity, pending the ratification and appointment of a substantive company secretary at the next board meeting.
She was described in the notice signed by the Managing Director of the firm, Mr Oyeyemi Olusoji, as “a results-driven executive with 22 years of experience in driving business growth, leading high-performing teams, and delivering innovative solutions.”
The acting secretary is also said to be “a collaborative leader with a passion for mentoring and developing talent.”
“The company assures the investing public that all Company Secretariat responsibilities and regulatory obligations will continue to be discharged in full compliance with the Companies and Allied Matters Act, applicable regulations, and the Nigerian Exchange Limited Listing Rules,” the disclosure assured.
Meanwhile, the board thanked Ms Attoe “for professionalism and contributions to the Company during the period of her engagement and wishes her well in her future endeavours.”
Technology
Russia Blocks WhatsApp Messaging Service
By Adedapo Adesanya
The Russian government on Thursday confirmed it has blocked the WhatsApp messaging service, as it moves to further control information flow in the country.
It urged Russians to use a new state-backed platform called Max instead of the Meta-owned service.
WhatsApp issued a statement earlier saying Russia had attempted to “fully block” its messaging service in the country to force people toward Max, which it described as a “surveillance app.”
“Today the Russian government attempted to fully block WhatsApp in an effort to drive people to a state-owned surveillance app,” WhatsApp posted on social media platform X.
“Trying to isolate over 100 million users from private and secure communication is a backwards step and can only lead to less safety for people in Russia,” it said, adding: “We continue to do everything we can to keep users connected.”
Russia’s latest move against social media platforms and messaging services like WhatsApp, Signal and Telegram comes amid a wider attempt to drive users toward domestic and more easily controlled and monitored services, such as Max.
Russia’s telecoms watchdog, Roskomnadzor, has accused messaging apps Telegram and WhatsApp of failing to comply with Russian legislation requiring companies to store Russian users’ data inside the country, and of failing to introduce measures to stop their platforms from being used for allegedly criminal or terrorist purposes.
It has used this as a basis for slowing down or blocking their operations, with restrictions coming into force since last year.
For Telegram, it may be next, but so far the Russian government has been admittedly slowing down its operations “due to the fact that the company isn’t complying with the requirements of Russian legislation.”
The chat service, founded by Russian developers but headquartered in Dubai, has been a principal target for Roskomnadzor’s scrutiny and increasing restrictions, with users reporting sluggish performance on the app since January.
Technology
Nigerian AI Startup Decide Ranks Fourth Globally for Spreadsheet Accuracy
By Adedapo Adesanya
Nigerian startup, Decide, has emerged as the fourth most accurate Artificial Intelligence (AI) agent for spreadsheet tasks globally, according to results from SpreadsheetBench, a widely referenced benchmark for evaluating AI performance on real-world spreadsheet problems.
According to the founder, Mr Abiodun Adetona, the ranking places Decide alongside well-funded global AI startups, including Microsoft, OpenAI, and Anthropic.
Mr Adetona, an ex-Flutterwave developer, also revealed that Decide now has over 3,000 users, including some who are paying customers, a signal to the ability of the startup to scale in the near future.
SpreadsheetBench is a comprehensive evaluation framework designed to push Large Language Models (LLMs) to their limits in understanding and manipulating spreadsheet data. While many benchmarks focus on simple table QA, SpreadsheetBench treats a spreadsheet as a complex ecosystem involving spatial layouts, formulas, and multi-step reasoning. So far, only three agents rank higher than Decide, namely Nobie Agent, Shortcut.ai, and Qingqiu Agent.
Mr Adetona said SpreadsheetBench measures how well AI agents can handle practical spreadsheet tasks such as writing formulas, cleaning messy data, working across multiple sheets, and reasoning through complex Excel workflows. Decide recorded an 82.5% accuracy score, solving 330 out of 400 verified tasks.
“The result reflects sustained investment in applied research, product iteration, and learning from real-world spreadsheet workloads across a wide range of use cases,” Mr Adetona told Business Post.
For Mr Adetona, who built Decide out of frustration with how much time professionals spend manually cleaning data, debugging formulas, and moving between sheets, “This milestone highlights how focused engineering and domain-specific AI development can deliver frontier-level performance outside of large research organisations. By concentrating on practical business data problems and building systems grounded in real user environments, we believe smaller teams can contribute meaningfully to advancing applied AI.”
“For Decide, this is a foundation for continued progress in intelligent spreadsheet and analytics automation,” he added.
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