Vodex, a generative artificial intelligence (GenAI) firm, has raised $2 million in seed funding from Unicorn India Ventures and Pentathlon Ventures.
The cash will be utilised for global expansion and to increase the company’s business by at least fourfold during the next year.
“This investment is a testament to the immense potential of Generative AI in revolutionising sales. Vodex will invest in building a dedicated and highly trained support team to ensure exceptional customer service,” said Anshul Shrivastava, CEO, Vodex.
“We are confident that by quadrupling our revenue in the near future, Vodex will become the go-to solution for businesses seeking to unlock the power of Gen AI-driven sales,” Shrivastava said.
Since 2022, the Software-as-a-Service (SaaS) startup has provided GenAI-powered telephony solutions to organisations in the United States and Canada.
According to the business, Vodex uses GenAI to create audio conversations that replicate human contact, making outbound sales calls more personal and engaging.
This breakthrough technology eliminates the need for traditional call centres, allowing businesses to streamline operations, boost efficiency, and interact with customers on a deeper level, according to a company statement.
Bhaskar Majumdar, Managing Partner, Unicorn India Ventures, said, “GenAI has multiple use cases and more importantly to transform the landscape of tech businesses worldwide. We see disruptive capabilities in Vodex to emerge as a formidable player by applying the power of GenAI and SaaS to help enterprises manage their CRM engagements more efficiently.”
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