Callify.ai, a smart calling platform that focusses on working professionals, has raised $560,000 (Rs 4.11 crore at current exchange rates) in a seed funding round.
Angel investment firm Malpani Ventures led the round, the Mumbai-based startup said in a statement.
Startup incubator and accelerator Venture Catalysts, the UAE-based Calega Ventures, The Chennai Angel Network and Marvari Angel Network also participated in this round.
Callify.ai was set up in 2016 by Chetan Indap, who is the company’s CEO. Other executives include Sunny Sharma, its CTO, and Deepanti Kavi, its COO.
According to his LinkedIn profile, Indap previously founded Eazyhire.in, which was acquired by Insiders Research Solutions LLP in an all-cash deal. He has also worked with L&T Infotech and Birlasoft.
The startup, operated by Joule Consulting Pvt. Ltd, says it is an artificial intelligence-based voice-powered platform that helps working professionals automate their daily outbound phone interactions. It helps users with the ability to screen leads without calling, increase closure rates, reduce the cost-per-hire and conduct performance data analysis.
It will use the capital it has raised to strengthen its presence in the human resources-technology segment and replicate its technological infrastructure to address use-cases across several other industries.
“The strong background and expertise of the Callify team have turned a promising idea into an innovative, unique, and marketable product that is now simplifying the outbound call-centric workload across industries,” Venture Catalysts co-founder Apoorva Ranjan Sharma said.
Callify.ai says it has worked with corporations such as Infosys, Accenture, NTT Data, HDFC Bank and Orange Telecom.
The investment in the firm is the latest bet on a startup leveraging AI to offer differentiated solutions to clients. Companies in the space have raised cheques of various sizes in recent months from both institutional and strategic investors.
Last week, data analytics firm Tredence Inc. raised $30 million (around Rs 220 crore) from Chicago Pacific Founders, a private equity firm focussed on the healthcare services sector. Tredence said it would use the funds to help it expand into this space.
In November, Venture Catalysts led a $1 million pre-Series A funding round in IOK Labs Inc., which operates culinary experience-focussed platform Klovechef.
In October, marketing cloud startup Pyxis raised $7 million in a Series A funding round. The exercise was led by Chiratae Ventures, with participation from Pi Ventures and Exfinity Venture Partners.
