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

EntrackrEntrackr · 4m 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.

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Fashion quick commerce startup ZILO raises $15.3 Mn in Series A round

EntrackrEntrackr · 1m ago
Fashion quick commerce startup ZILO raises $15.3 Mn in Series A round
Medial

Fashion quick commerce startup ZILO has raised $15.3 million (Rs 140 crore) in a Series A funding round led by Peak XV Partners, which invested $8 million. Existing investors InfoEdge Ventures and Chiratae Ventures participated with $2.5 million each. The round also saw participation from Alteria Capital and Stride Ventures, along with angel investors including Lalit Keshre of Groww, Kunal Shah of CRED, Sachin Oswal, Ayyappan R, Abhishek Bansal, Sreevathsa Prabhakar, and Preeta Sukhtankar. Earlier in June last year, ZILO had secured $4.5 million in seed funding led by Info Edge Ventures and Chiratae Ventures. The proceeds will be used to scale operations, invest in technology, expand to new markets, and strengthen its supply chain. It currently operates in Mumbai and plans to expand to additional cities over the next 12–14 months. Co-founded by former Flipkart and Myntra executives Padmakumar Pal and Bhavik Jhaveri, ZILO operates a fashion quick commerce platform offering apparel delivery within 60 minutes. The brand works with more than 200 brands and offers features such as home trials and instant returns. It follows a vertically integrated model combining dark stores and brand outlets to manage inventory and delivery timelines. Recently, Mumbai-based quick commerce fashion platform KNOT raised $5 million in a new funding round led by 12 Flags. ZILO also competes with Slikk and Myntra, which has expanded its quick fashion delivery offering to additional cities.

Spintly raises $8 Mn from Accel, ENRISSION India and others

EntrackrEntrackr · 13d ago
Spintly raises $8 Mn from Accel, ENRISSION India and others
Medial

Spintly raises $8 Mn from Accel, ENRISSION India, and others Proptech startup Spintly has raised undisclosed funds from ENRISSION India Capital as part of its $8 million Series A round. The round was led by Accel, with participation from Chakra Growth Fund, Alumni Ventures, and Spyre VC. The brand had previously raised Rs 3.5 crore in an extended seed funding round led by Spyre VC and others in January last year. Prior to that, it had raised $5.36 million from Letsventure, Riso Capital, Sucseed Indovation, and Accel Nest. The new proceeds will be used to accelerate product development, expand global operations, and strengthen AI capabilities. Spintly is targeting enterprise customers managing access across large commercial spaces and multi-location facilities. Founded by Rohin Parkar, Spintly builds a wireless access control system powered by its proprietary BLE mesh network technology. The platform enables enterprises to deploy access control infrastructure without traditional wiring, reducing installation time and retrofit complexity. The system also supports secure access management and local log storage during power outages. Spintly operates across India, the Middle East & Africa, and the United States. The firm combines wireless hardware infrastructure with software-led controls and is integrating AI-driven intelligence into existing camera infrastructure to enhance security analytics for commercial facilities.

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