India’s Ringg gets backing from Peak XV as it pushes voice AI past the phone call
More than 76% of consumers in India prefer talking to businesses over a phone call, according to a recent study from Truecaller. Since voice is still consumers’ preferred way to communicate, that leaves a big opportunity to automate support and outreach calls using voice AI in the country.
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Key Facts
- Fact 1: More than 76% of consumers in India prefer talking to businesses over a phone call, according to a recent study from Truecaller.
- Fact 2: Voice AI startup Ringg, which already processes 20 million call attempts a month, is betting that volume keeps climbing over the coming months, and it just raised more money on that belief.
- Fact 3: The company said today it has landed $10 million from Peak XV Partners as an extension of its Series A.
- Fact 4: It had previously raised $5.5 million in a Series A round earlier this year, bringing the round’s total to $15.5 million.
More than 76% of consumers in India prefer talking to businesses over a phone call, according to a recent study from Truecaller. Since voice is still consumers’ preferred way to communicate, that leaves a big opportunity to automate support and outreach calls using voice AI in the country.
Voice AI startup Ringg, which already processes 20 million call attempts a month, is betting that volume keeps climbing over the coming months, and it just raised more money on that belief. The company said today it has landed $10 million from Peak XV Partners as an extension of its Series A. It had previously raised $5.5 million in a Series A round earlier this year, bringing the round’s total to $15.5 million.
(Original synthesis pending human/AI review — generated by the stub provider by selecting real sentences from the source material, not by writing new analysis or commentary.)
Original source: TechCrunch
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