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Gnani.ai raises $4 Mn in Series A round from Info Edge Ventures

Entrackr

Entrackr · 1y ago

Gnani.ai raises $4 Mn in Series A round from Info Edge Ventures

Gnani.ai, a voice-first generative AI firm, has raised Rs 30 crore or about $4 million in its Series A round from Info Edge Ventures. The proceeds will be used for sales growth and expansion of Gnani.ai’s business across geographies, Gnani said in a press release. The firm counts Samsung Ventures as an investor. Founded in 2016 by Ganesh Gopalan and Ananth Nagaraj, Gnani.ai’s unique generative AI platform transforms customer experience for multiple customers across the globe. The startup offers a no-code voice first platform with multiple product capabilities – omnichannel conversational automation, agent assist, voice biometrics, and omnichannel analytics. It has a patented proprietary tech-stack for TTS, STT, NLP and augmented intelligence that works not just for English but also for 14 Indian languages. Gnani recently announced a series of Voice-first AI SLM models (Small Language Models). The initial rollout of Gnani.ai’s SLMs targets domains such as banking, insurance, automotive, and retail.

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Two generative AI firms, two others secure early-stage funding

VCCircle

VCCircle · 1y ago

Two generative AI firms, two others secure early-stage funding

Gnani.ai, Vitra.ai, Meragi, and ElectricPe have all secured early-stage funding. Gnani.ai, a voice-first generative AI company, raised Rs 30 crore ($4 million) in a Series A round led by Info Edge Ventures. Vitra.ai, specializing in advanced language translation solutions powered by generative AI, received funding from IIFL Fintech Fund. Meragi, a wedding services startup, raised $9.1 million in its Series A round led by Accel. ElectricPe, a full-stack super app for EV charging, secured $3 million in a pre-Series A round led by Green Frontier Capital. These funds will support business growth and expansion efforts.

Startup news and updates: Daily roundup (July 30, 2024)

YourStory

YourStory · 1y ago

Startup news and updates: Daily roundup (July 30, 2024)

Voice-first GenAI company Gnani.ai has secured INR 300m ($4m) in Series A funding from Info Edge Ventures. The capital will be used for sales growth and expanding its business globally. Gnani.ai boasts over 100 enterprise customers in India and the US and counts Samsung Ventures as an investor.

Exclusive: Matiks Raises $3.14 Mn To Scale Maths-Based Gaming Platform

Inc42 · 3m ago

Exclusive: Matiks Raises $3.14 Mn To Scale Maths-Based Gaming Platform

Edtech startup Matiks, a mobile gaming platform focusing on mathematics, raised $3.14 million in its pre-Series A funding round led by Tanglin Ventures, with participation from Info Edge Ventures and notable angel investors like Aman Gupta (boAt) and Gaurav Munjal (Unacademy). Co-founded by Sudhanshu Bhatia, Mohan Kumar, and Sushant Timmapur, Matiks aims to expand its team, enhance marketing efforts, enlarge product offerings, and explore new markets. The platform offers math skill-testing games for users to compete against each other.

Sourcing platform Geniemode raises $50 mn led by Multiples PE, others

VCCircle

VCCircle · 9m ago

Sourcing platform Geniemode raises $50 mn led by Multiples PE, others

Geniemode, an apparel sourcing platform, secured $50 million in a Series C round led by Multiples PE, along with Fundamentum, Paramark Ventures, and Info Edge Ventures. Founded in 2021, Geniemode plans to use the funds to expand geographically and enhance supply chain solutions. The company aims to double revenues to $140 million by 2024-25. The financing supports Geniemode's strategy to disrupt markets using technology, with plans to go public in the coming years.

Exclusive: Info Edge Joins Gnani.ai’s Cap Table With Fresh Funding

Inc42 · 1y ago

Exclusive: Info Edge Joins Gnani.ai’s Cap Table With Fresh Funding

Gnani.ai, an AI customer experience platform, has secured INR 25 Cr ($3 Mn) in funding from investor Info Edge. The startup plans to utilize the funds to enhance its operations and boost sales. Founded in 2017, Gnani.ai offers an automated virtual assistant called 'Automate365' that facilitates conversational automation.

BuyEazzy Raises $4.25 Mn To Expand Into Remote Pockets

Inc42 · 1y ago

BuyEazzy Raises $4.25 Mn To Expand Into Remote Pockets

Beauty products ecommerce platform BuyEazzy has raised $4.25 million in a Series A funding round led by Info Edge Ventures. The Mysuru-based startup, founded by Rahul Aggarwal and Hariher B in 2021, aims to cater to the unfulfilled beauty and wellness needs of consumers in tier II cities, where access to a wide assortment of beauty products is limited. The funding will be used to expand to more than 40 cities and add 2 million offline users.

Anscer Robotics raises $2 mn in funding to drive global expansion

Inshorts · 9m ago

Anscer Robotics raises $2 mn in funding to drive global expansion

Anscer Robotics, a Bengaluru-based developer of intelligent autonomous mobile robots (AMRs), has raised $2 million in a seed funding round led by Info Edge Ventures. The startup designs advanced robotic solutions for manufacturing and supply chains, helping enterprises streamline their operations with automation.

Attentive AI Nets $30.5 Mn To Scale Real Estate Stack

Inc42 · 1m ago

Attentive AI Nets $30.5 Mn To Scale Real Estate Stack

Attentive.ai, a SaaS-based remote property intelligence startup, has raised $30.5 million in Series B funding. The round was led by Insight Partners, with contributions from Vertex Ventures, Tenacity Ventures, and Info Edge Ventures. Founded in 2017, the Delaware-based company offers AI-powered solutions for the construction and field-services sectors. The new funds will accelerate the development of their flagship platform, Beam AI, support expansion into new markets, and enhance next-generation AI products.

Pascal AI Raises $3.1 Mn From Kalaari, Info Edge Ventures To Automate Investment Research

Inc42 · 3m ago

Pascal AI Raises $3.1 Mn From Kalaari, Info Edge Ventures To Automate Investment Research

Pascal AI, a fintech-focused AI SaaS startup based in Bengaluru, has raised $3.1 million in seed funding. The round was led by Kalaari Capital with participation from Norwest Venture Partners, Info Edge Ventures, and Antler, among others. Pascal AI plans to use the funds to develop autonomous investment research workflows, expand into the U.S. market, and strengthen data partnerships.

Sneaker platform Culture Circle raises $2 million

Inshorts · 1y ago

Sneaker platform Culture Circle raises $2 million

Sneakers focussed ecommerce platform Culture Circle has raised $2 million in its seed funding round led by Info Edge Ventures. The round also saw participation from angel investors. The startup plans to use the capital to scale its operations globally, enhance technology, and reinforce its position as a digital marketplace for hyper-luxury goods.

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