Gnani AI, a startup specializing in voice-first generative AI, has raised $4 million (around Rs 30 crore) from Info Edge Ventures, a venture capital firm that focuses on early-stage investments. The funds will be allocated towards driving sales growth and expanding the company’s operations across various regions.
The company currently serves over 100 customers in India and the United States, with its primary focus on these two markets. Additionally, Gnani AI is extending its reach into other regions, including the Middle East and Europe, primarily through strategic partnerships.
Founded in 2016 by Ganesh Gopalan and Ananth Nagaraj, the Bengaluru-based company offers a no-code, voice-first platform equipped with features such as omnichannel conversational automation, agent assistance, voice biometrics, and omnichannel analytics. The company’s main clientele comes from the banking, financial services, and insurance sectors.
Gnani AI is also a leading player among original equipment manufacturers (OEMs) in the automotive and telecom sectors, as well as other industries. Over the past three years, the company has more than doubled its growth rate and achieved profitability. It plans to continue this trajectory, aiming to grow its revenue by at least 2-3 times over the next two years while expanding its customer base in both India and the U.S.
To date, the company has raised a total of $8 million. Info Edge Ventures expressed enthusiasm about the investment, noting that Gnani AI aligns with their investment philosophy, which prioritizes companies solving real-world problems rather than merely finding applications for AI technology.
