Friday, March 29

Tag: Vernacular.ai

Vernacular.ai secures $5.1 mn led by Exfinity Ventures
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...