India, Feb. 27 -- FanTV, an AI-based content platform on the Sui blockchain, has secured $3 Mn (INR 24.9 Cr) led by Mysten Labs, along with participation from Cypher Capital, CoinSwitch Ventures and Illuminati Capital.

The startup plans to use the fresh capital to develop advanced AI tools, expand its global creator network and boost user growth strategies.

Founded in 2023 by Prashan Agarwal, former chief executive of music streaming platform Gaana, FanTV helps users create and share digital content using AI tools. It claims to support various content formats, including music, videos, podcasts, web series and vlogs.

The platform allows creators to produce music, videos, podcasts, and web series while providing ways for them to earn mon...