Hunar AI raises ₹39.3 crore Series A
By Abha Lohia ·
Hunar AI: funding and every story →
- Hunar AI builds multilingual voice agents that handle hiring, onboarding, training and engagement for companies with large frontline workforces
- Blume Ventures led the ₹39.3 crore Series A, joined by Seedstars, Hyderabad Angels Fund, AVNM Ventures and two Physics Wallah co-founders
- Estimates put the valuation near ₹180 crore, up about 71% from the previous round, with funds for operations and expansion
What happened
- Hunar AI raised ₹39.3 crore in a Series A.
- Blume Ventures put in about ₹29 crore.
- Valuation is estimated near ₹180 crore.
Why it matters
- Valuation rose roughly 71% from the pre-Series A round.
- Money goes to working capital and expansion.
The business
- Hunar offers voice AI agents for frontline staff.
- It automates hiring, onboarding, training and engagement.
- It works in many languages.
- It was founded in 2022.
The founders
Who put in money
- Blume Ventures Lead — ₹29 crore
- Seedstars Participant — ₹3.31 crore
- Hyderabad Angels Fund Participant — ₹3 crore
- AVNM Ventures Participant — ₹2 crore
Earlier rounds
- Pre-Series A of about ₹18 crore led by Together Fund.
Terms in this story
- Co-founder equity: Split equity by what each founder will contribute from now on, not by who had the idea, and attach vesting so that anyone who leaves early does not keep a large share for doing little.
- Funding stage: Startups raise money in steps called funding stages: pre-seed, seed, Series A, B, C and later, ending in a stock-market listing or a sale. Each step is larger than the last and asks for more proof.
- Series A: Series A is usually the first large round a startup raises from venture capital funds, after it has shown that people want what it sells.
- Valuation: A startup's valuation is the price investors agree the whole company is worth. For young companies it is set by negotiation and comparison, not by a formula.
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