Anshul Shrivastava and Kumar Saurav, Co-founder, Vodex
Anshul Shrivastava and Kumar Saurav, Co-founder, Vodex

AI-Start-Up Vodex Raises $2 Million Seed Investment For Gen AI Sales Boost

The company will deploy the funds towards product and global expansion initiatives.

Gen AI start-up Vodex raised $2 million in a seed round from Unicorn India Ventures, and Pentathlon Ventures. Vodex was previously backed by 100X.VC and has achieved a $1 million ARR in less than a year.  

Since 2022, Vodex facilitate businesses in the USA and Canada with their outbound calling needs using their in-house Gen AI-powered solution. Co-founded by Anshul Shrivastava (CEO) and Kumar Saurav (CTO), the company creates natural-sounding voice conversations that feel just like talking to a real person. This helps businesses connect with customers better, making operations smoother and customer engagement stronger. 

Commenting on the capital infusion, the founders Anshul and Kumar said , "This investment is a game-changer. It validates the power of Generative AI to transform sales and the confidence investors have in Vodex's ability to lead that charge. Our solution empowers businesses to close deals faster, at scale, and all while providing a natural, engaging experience for customers. We can't wait for the next chapter of Vodex." 

The company will deploy the funds towards product and global expansion initiatives. It plans to scale their business in the next one year with its sights set on the launch of Vodex 3.0 version in a few months, it said in a press statement.   

Bhaskar Majumdar, managing partner, Unicorn India Ventures said, "We see disruptive capabilities in Vodex to emerge as a formidable player by applying the power of Gen AI and SaaS to help enterprises manage their CRM engagements more efficiently."  

Managing partner of Pentathlon Ventures, Saurabh said, "Their speed and agility in the fast-evolving AI landscape will keep them ahead and help them emerge as winners!"  

Started in 2016 by Majumdar and Anil Joshi, Unicorn India Ventures is a technology focused early-stage venture fund that invests capital in emerging and visionary startups. 

Related Stories

No stories found.
logo
Outlook Business & Money
business.outlookindia.com