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Indian Voice AI startup Smallest.ai nabs $8M investment

InternetInternet · 25d ago
Indian Voice AI startup Smallest.ai nabs $8M investment
Medial

Smallest.ai, a voice AI startup founded in 2024 by ex-Bosch engineers Sudarshan Kamath and Akshat Mandloi, has raised $8M seed funding led by Sierra Ventures with 3one4 Capital and Better Capital. The company builds ultra-fast, compact text-to-speech models for contact centers and enterprise use. Its flagship Lightning model generates 10 seconds of speech in 100 milliseconds, while the new Electron v2 (4B parameters) delivers low-latency responses (53ms TTFT) with output quality rivaling much larger models. Smallest.ai enables voice cloning from as little as 15 seconds of audio, offers industry-specific customization, and supports on-prem deployment for security-sensitive sectors. The funding will fuel expansion into retail, healthcare, and technology markets.

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TechCrunchTechCrunch · 6d ago
Mem0 raises $24M from YC, Peak XV and Basis Set to build the memory layer for AI apps
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Smallest.ai, a voice AI startup founded in 2024 by ex-Bosch engineers Sudarshan Kamath and Akshat Mandloi, has raised $8M seed funding led by Sierra Ventures with 3one4 Capital and Better Capital. The company builds ultra-fast, compact text-to-speech models for contact centers and enterprise use. Its flagship Lightning model generates 10 seconds of speech in 100 milliseconds, while the new Electron v2 (4B parameters) delivers low-latency responses (53ms TTFT) with output quality rivaling much larger models. Smallest.ai enables voice cloning from as little as 15 seconds of audio, offers industry-specific customization, and supports on-prem deployment for security-sensitive sectors. The funding will fuel expansion into retail, healthcare, and technology markets.

Smallest.ai raises $8 Mn in seed funding led by Sierra Ventures

EntrackrEntrackr · 7d ago
Smallest.ai raises $8 Mn in seed funding led by Sierra Ventures
Medial

Enterprise Voice AI platform Smallest.ai has raised $8 million in seed funding led by Sierra Ventures, with participation from 3one4 Capital and Better Capital. The company will use the funds to expand its operations across North America and India, enhance its AI-driven voice automation stack, and deepen enterprise adoption in regulated industries such as banking, financial services, retail, healthcare, and IT. The San Francisco and Bengaluru-based startup has also appointed Apoorv Sood as Global Head of Go-To-Market (GTM) to lead enterprise growth, partnerships, and adoption across global markets. Founded by Sudarshan Kamath and Akshat Aandloi, Smallest.ai’s proprietary platform combines speech recognition, natural language understanding, and speech synthesis to deliver real-time, human-grade conversations. Its Lightning engine achieves 100 ms latency, while its Electron model is said to be 10x faster than leading benchmarks. The company claims to serve enterprises such as Paytm, MakeMyTrip, ServiceNow, and Dalmia Cement, supporting multilingual capabilities with more Indian languages to be added soon. Smallest.ai reported 300% growth in the US and 150% year-on-year growth in India, driven by rising demand for scalable voice automation. The platform helps reduce support costs by up to 80%, boosts agent productivity 10x, and ensures 24x7 availability for large organizations. The Voice AI market is projected to reach $47.5 billion by 2034, highlighting the growing enterprise adoption of conversational AI systems globally.

Indian energy efficiency startup Smart Joules raises $8M in debt from Denmark's IFU

IndianStartupNewsIndianStartupNews · 1y ago
Indian energy efficiency startup Smart Joules raises $8M in debt from Denmark's IFU
Medial

Indian energy efficiency startup, Smart Joules, has secured $8 million in debt funding from the Investment Fund for Developing Countries (IFU), a Danish government-owned institution. The funding will be used to expand the startup's cooling-as-a-service (CaaS) partnerships in healthcare and hospitality sectors and enter cooling-intensive industries such as data centres and pharmaceutical manufacturing. Smart Joules offers a comprehensive package of services and technology to optimize energy use in buildings, aiming for a 20% reduction in energy costs. The company has saved 23 crore kWh of energy, translating to Rs 181 crore in cost savings and 1.6 lakh tonnes of carbon emissions.

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