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An AI or a digital avatar that slashes video production costs? Consider it done!

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AI Vidya bagged a Gold Award at Finnix Awards 2024 for Best use of AI in Financial Education and Awareness.

Challenge

“What alternatives can Axis explore to reduce shoot costs and address the availability constraints of the spokesperson?”, asked Axis MF.

Solution

When Axis Mutual Fund came to us with their challenge, we knew we had to think outside the box. Here’s how we did it:

  1. Innovation: AI-powered digital avatar named “AI Vidya” designed to deliver weekly market updates through “Weekly Wisdom by Axis Mutual Fund” is one of a kind, created from scratch. We meticulously designed every aspect of her, from her appearance and attire to her manner of speaking. This level of customization meant that Axis Mutual Fund could tailor everything from the background to how information was presented.
  2. Personalized Touch: Each weekly update was imbued with a personalized touch, making the information more accessible and interesting for investors.
  3. Efficiency: Our process is efficient—once we receive the compliance-approved script, the video can go live within 36 hours..
  4. Industry First: This initiative marked a pioneering step in the industry, positioning us as innovators in the field.
  5. Engagement: By leveraging cutting-edge AI technology, we ensured that the market updates were not only timely but also captivating and informative.

This approach allowed Axis Mutual Fund to reduce dependency on costly shoots and the availability constraints of a spokesperson, while still delivering high-quality, engaging content.

Results

The AI-powered digital avatar significantly improved the delivery and reception of weekly market updates. Investors found the updates more engaging and easier to understand, which enhanced their overall experience with the brand.

Impact

This innovation bagged a Gold Award at Finnix Awards 2024 for Best use of AI in Financial Education and Awareness. This approach has kept Axis Mutual Fund ahead of their competition by adopting cutting-edge technology with creative solutions to communicate effectively with their investors. The success of the digital avatar highlighted our expertise in creating personalized, high-impact content that meets our clients’ unique needs.

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