Convin.ai raises $2.1 million in funding from Kalaari Capital, others

Mumbai: Convin.ai, an AI-driven platform for virtual assisted selling for businesses, has raised $2.1 million (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.

Founded in 2021 in Bengaluru, by IIT Delhi alumni Ashish Santhalia (CEO), Bharat Patidar (COO), Atul Shree(CTO), and Durgesh Choudary (CPO) Convin’s platform provides businesses with tools to increase conversion rates, enhanced customer experience, among others.

The company said it will utilise the funds for product development as well as for hiring in product and go to market teams.

Choudhary, cofounder and CPO said in a prepared statement, “Assisted selling will stay and become even more crucial for enabling 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 & their customers through an all-in-one platform.”

Kiran Vasireddy, partner, Kalaari Capital said, “Disruptive events of the last 2 years have accelerated SalesTech adoption – remote virtual selling, distributed sales teams and 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 company received a $300,000 pre-seed funding from Titan Capital and 9Unicorns in June 2021.

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