Funding · AI & Deep Tech
Ringg AI raises $5.5M Series A
By Startup Enthusiast ·
- Date
- Company
- Ringg AI
- What it does
- Multilingual voice-AI orchestration platform
- Kind
- Funding
- Amount
- $5.5M
- Stage
- Series A
- Based in
- Bengaluru
- Founded
- October 2023
- Sector
- AI & Deep Tech
What they do
Ringg AI builds a no-code, multilingual voice-AI platform for enterprises
What happened
It raised $5.5M in Series A funding led by Arkam Ventures, with participation from White Venture Capital, Capital2B, Kunal Shah, and Groww Founder Fund
Why it matters
The company handles 1.5 million customer conversations monthly and plans to scale to 100 million interactions by 2027
The details
- Ringg AI raised $5.5M (approx. ₹48 crore) in Series A funding.
- The round was led by Arkam Ventures.
- Participating investors included White Venture Capital, Capital2B, Kunal Shah (CRED), and Groww Founder Fund.
- Capital2B is an existing investor in the company.
- The company will use the capital to build GPU clusters, expand global go-to-market teams, and invest in proprietary AI models.
- It also plans to reduce dependency on third-party APIs and accelerate product development.
- Ringg AI aims to scale to 100 million voice interactions over the next 12 months, with a long-term target of 100 million per month by 2027.
The bigger picture
- The platform resolves 77% of interactions entirely by AI without human intervention.
- The company already serves major clients like CRED, Flipkart, and Shiprocket, showing strong market traction.
About the business
- Ringg AI offers a no-code, multilingual voice-AI orchestration platform for enterprises.
- The platform lets businesses deploy Voice Agents for inbound and outbound use cases.
- Use cases span customer support, sales, collections, logistics, lead qualification, appointment scheduling, delivery confirmations, and candidate screening.
- Customers include CRED, Flipkart, Shiprocket, Shell, and PharmEasy.
- The company has over 20 enterprise customers across India, the US, and Saudi Arabia.
- It handles 1.5 million customer conversations per month, with 77% resolved entirely by AI.
- The platform supports 18 languages: 10 Indian languages plus English, Arabic, Spanish, French, German, and Bahasa.
- Active pilots are running in the GCC region, US-East, and North America.
What happens next
- Build GPU clusters and invest in proprietary AI models.
- Expand engineering and go-to-market teams.
- Strengthen international presence, especially in the GCC region, US-East, and North America.
- Scale to 100 million voice interactions over the next 12 months, with a long-term target of 100 million per month by 2027.
The deal
- Type
- Series A
Investors
- Arkam Ventures (lead) — A venture capital firm investing in early-stage Indian startups.
- White Venture Capital (participated)
- Capital2B (existing) — An existing investor in Ringg AI.
- Kunal Shah (participated) — Founder of CRED, a fintech company.
- Groww Founder Fund (participated) — An investment fund by the founders of Groww, a financial services platform.
Founders
- Siddharth Tripathi, Co-founder
- Kali Charan Vemuru, Co-founder
- Utkarsh Shukla, Co-founder
About Ringg AI
- Product
- AI voice agents and cross-channel enterprise automation agents
- Customers
- Businesses using voice, WhatsApp and browser workflows, including large consumer and fintech companies
- How it makes money
- Enterprise software sold as a platform for automation and agent workflows
- What sets it apart
- Combines proprietary AI models with a context graph to preserve customer context across channels
- Operations
- Processes about 20 million call attempts each month
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