Wednesday, November 6

Tag: Exfinity Ventures

Vernacular.ai secures $5.1 mn led by Exfinity Ventures
8May By AdityaNo Comments
FUNDING

Vernacular.ai secures $5.1 mn led by Exfinity Ventures

Vernacular.ai has raised USD 5.1 million (about Rs 38.7 crore) in funding, led by Exfinity Ventures and IAN Fund, Kalaari Capital. AngelList, LetsVenture, also participated in the series A round, a statement said. The fresh capital will be used to fund the company's global expansion into Southeast Asia and the US and towards R&D to further enhance its proprietary AI-based voice automation platform, it added. "As we evolve our voice AI platform and continue to expand our customer-base in new markets, we are happy to see the increased investor confidence in our model. This Series A round will be used to fund the company's expansion outside India and to drive innovation through rigorous R&D across multiple verticals of our business," Vernacular.ai co-founder and CEO Sourabh ...
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BigData Analytics Iqlect Secures $2.5 million by VentureEast
26Jul By Gauri SinghNo Comments
FUNDING

BigData Analytics Iqlect Secures $2.5 million by VentureEast

Web analytics solution provider Iqlect has raised funds amounting to $2.5 million (approx ₹17.2 crore). The latest funding round was led by new investor VentureEast and existing investor Exfinity Ventures. The company has plans to use the funds raised from the latest funding round to add leadership team in Bengaluru and also hire more engineering and sales talent. Iqlect is in the process of shifting its headquarters to San Jose, US, and is also looking to add go-to-market and tech talent in the US too. “We are looking to hire VP’s for engineering, product management, marketing and sales and also a country manager for India. Also, we are flipping the company to make it a US company. So, we are hiring go-to-market folks and a few key tech guys for our US office,” said Sachin Sinha, CEO ...
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