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Bengaluru based Convin.ai raises Rs 16 crore in seed funding
Bengaluru based Convin.ai raises Rs 16 crore in seed funding

Bengaluru based Convin.ai raises Rs 16 crore in seed funding

Good Capital, Plan B Innovations, Bharat Founders Fund & Digital Sparrow also participated.

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Key takeaways

  • Convin.ai has secured Rs 16 crore in seed funding, led by Kalaari Capital and supported by several other investors.
  • The platform focuses on virtual assisted selling, helping businesses improve conversion rates and enhance customer experiences.
  • Funds will be used to develop the end-to-end assisted selling platform and expand product and go-to-market teams.
  • Investors believe the growing importance of assisted selling will drive significant changes in sales strategies for businesses.
  • The rise in SalesTech adoption has been accelerated by recent global events, highlighting the need for advanced digital solutions.
5 min

Convin.ai, a leading AI-driven platform that provides virtual assisted selling for businesses, announced that it has raised Rs 16 crore in its seed funding round led by Kalaari Capital with participation from Good Capital, Plan B Innovations, Bharat Founders Fund, and Digital Sparrow.  

Convin's platform provides businesses with powerful tools to solve key challenges–increased conversion rates, sales process observability, conversational intelligence, and enhanced customer experience. Convin will utilise the funds to hone its end-to-end assisted selling platform further and expand product & GTM teams. 

Durgesh Choudhary, co-founder & CPO, said, "Assisted selling will stay and become even more crucial for better conversions and great customer experiences. This validation from leading investors is a huge vote of confidence in our goal of transforming the entire model of assisted selling for businesses and their customers through an all-in-one platform." 

Kiran Vasireddy, Partner, Kalaari Capital, said, "Disruptive events of the last two years have accelerated SalesTech adoption – remote virtual selling, distributed sales teams & an expanding array of digital customer touchpoints. AI's progress and sales teams uncovering gaps in the current tech stack have led to the emergence of a new category of SalesTech. The team's deep technical expertise, product thinking clarity, and passion stood out. We are excited to partner with Convin to build a SaaS business that makes sales and customer interactions efficient for organisations worldwide."

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