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News on Medial
Conversational AI startup Ringg AI raises $1M from Capital 2B
YourStory
·
2m ago
Medial
Ringg AI, a Bengaluru-based conversational AI startup, raised $1 million in seed funding from Capital 2B. Founded in 2023 by Siddharth Shankar Tripathi, Utkarsh Shukla, and Kali Charan Vemuru, the company offers a no-code platform enabling businesses to use AI voice agents across various sectors. The platform supports multiple languages, enhancing interactions in fintech, healthcare, and logistics. The funding will boost product development, team growth, and research in voice technologies.
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Spense, Ringg AI, Moving Brahma get early-stage funding
VCCircle
·
2m ago
Medial
Fintech startup Spense, conversational AI startup Ringg AI, and marketing agency Moving Brahma have secured early-stage funding. Spense received $1.85 million in a pre-seed round led by GrowthCap Ventures and plans to expand its banking infrastructure. Ringg AI raised $1 million from Capital 2B to develop its no-code AI voice agent platform. Moving Brahma secured $500,000 from Vatsal Rajgor for marketing services targeting the film industry. Each company aims to leverage the funds for growth and development.
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Ringg AI is making smart homes more human and intuitive
Inshorts
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2m ago
Medial
Ringg AI, a Bengaluru startup, is redefining home tech with human-like intelligence. Its smart doorbell uses advanced visual language models to answer natural questions like “Did my package arrive?” instantly. Co-founded by alumni from Flipkart, BlinkIt, and Zealth-AI, Ringg is blending AI precision with emotional connection, making smart homes feel less robotic and more reassuringly personal.
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Conversational AI platform Rifa AI raises $1.1 million from Seaborne Capital - The Economic Times
Economic Times
·
3d ago
Medial
Rifa AI, a conversational AI platform, has secured $1.1 million in funding from Seaborne Capital to expand in North America and explore new sectors. The startup, founded by IIT Bombay alumni Sameer Fulzele and Shubham Khoker, automates customer interactions using voice AI agents, reducing reliance on human call center staff. Rifa AI claims its technology resolves up to 60% of queries autonomously and reduces human-handled call volume by 70%, targeting sectors like insurance and healthcare.
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Druid, a conversational AI platform for enterprises that integrates with ChatGPT, raises $24M
TechCrunch
·
1y ago
Medial
European AI startup Druid has raised $30 million in a Series B funding round to support its U.S. expansion. Druid specializes in "conversational business applications," offering a platform that helps companies automate customer support and other tasks using conversational AI. The company differentiates itself by integrating generative AI, such as ChatGPT, to handle more generic queries. Druid plans to extend its global footprint, with a focus on the U.S., which now makes up 60% of its revenue. The Series B round was led by TQ Ventures, with participation from European investors.
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Proptech startup Altre raises $1M in a pre-Series A round
IndianStartupNews
·
2y ago
Medial
Proptech startup Altre has raised $1 million in a pre-series A funding round led by undisclosed institutional investors to use the raised capital to grow technology, capability and teams across the country.
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JustDeliveries, a startup providing logistics solutions for perishables, raises $1M in funding
IndianStartupNews
·
1y ago
Medial
JustDeliveries, a logistics startup focused on perishable goods, has secured $1 million in pre-Series A funding. The round was led by NABVENTURES Fund, with participation from FAAD Network, Anay Ventures, Caret Capital, and Mahansaria Family Office. JustDeliveries plans to expand its logistics network across major cities in India and launch operations in Hyderabad. The startup aims to become a leader in the cold chain logistics sector by providing reliable and efficient solutions to F&B companies. JustDeliveries has already partnered with several major brands in the industry.
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Conversational AI platform Gupshup raises $60 million from Globespan, EvolutionX - The Economic Times
Economic Times
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16d ago
Medial
Gupshup raised $60 million from Globespan Capital Partners and EvolutionX Debt Capital to expand its AI-driven messaging platform and target high-growth regions like India and Latin America. As businesses increasingly adopt AI for customer interaction, Gupshup plans to enhance efficiency through AI automation. Founded in 2004, Gupshup processes over 120 billion messages annually and caters to large enterprises in various sectors. The funding will aid in scaling its conversational AI solutions and improving enterprise engagement.
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HCIN Networks, three others raise early-stage funding
VCCircle
·
1y ago
Medial
Indian startups HCIN Networks, Beatoven.ai, Qurex, and BNZ Green have all announced early-stage funding rounds. HCIN Networks, an IT networking solutions company, raised $1.5 million led by Swastika Investmart, while Beatoven.ai, an AI-based music platform, raised $1.3 million in a pre-Series A round led by Capital 2B. Healthtech startup Qurex secured $250,000 in a pre-seed round co-led by 7Square Ventures and PointOne Capital, while climatetech startup BNZ Green raised $100,000 from Climate Detox and angel investors. The funds will be used for technological improvements, user experience enhancements, and platform development for the respective startups.
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Supermoney raises $3.4 Mn in Series A round
Entrackr
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1y ago
Medial
Supermoney, an SME-focused digital lending platform, has raised $3.4 million Rs 28.6 crore in its Series A round from Capital 2B and Capria Ventures. In February 2020, the startup had raised $1 million (Rs 7 crore) from early-stage investor Unitus Ventures. The proceeds will be used to ramp up the platform’s growth and expand disbursements, Supermoney said in a press release. Founded in 2018 by Nikhil Banerjee, Supermoney is a digital platform that provides working capital solutions to businesses by offering customized payment and finance solutions designed specifically for their supply chain. According to the Mumbai-based startup, it has established partnerships with major brands across sectors such as electronics, pharmaceuticals, steel, auto parts, and automotive. Operating in over 40 locations, Supermoney has 30,000 retailers/dealers, over 50 anchors and more than 500 distributors across India on the platform.
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Uniphore Technologies in talks to raise up to $250 million
Livemint
·
22d ago
Medial
Uniphore Technologies, a conversational AI startup backed by Chiratae Ventures, is negotiating to raise $200-250 million to support global expansion and boost AI investments. The company is engaging with various investors, including strategic partners from the U.S., to secure the funds. This capital infusion aims to further Uniphore's growth and deepen its commitment to advancing AI technologies in the market.
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