Skit Raises USD23M in Series B Funding

skit
[from left to right] Sourabh Gupta, Co-founder and CEO of Skit and Akshay Deshraj, Co-founder and CTO of Skit (PRNewsfoto/Skit)

Skit, a Bangalore, India-based voice AI company, raised USD 23m as part of its Series B funding.

The round was led by WestBridge Capital with participation from Kalaari Capital and Exfinity Ventures, Angelist syndicate led by Aaryaman Vir Shah from Prophetic Ventures and Letsventure syndicate led by Sense AI.

The company intends to use the funds for sales & marketing, building delivery capabilities, R&D to speed up innovation and further enhance its products while expanding globally.

Led by Sourabh Gupta, CEO and Co-founder, Skit is an AI-first SaaS voice automation company. Its suite of speech and language solutions enable enterprises to automate their call center operations. With over 10 million hours of training data, its product – Vernacular Intelligent Voice Assistant (VIVA) can currently respond in over 16+ languages, covering over 160+ dialects and replicating human-like conversations. Skit serves a variety of enterprise clients across diverse sectors such as banking and financial services, including insurance, securities and NBFCs, food and beverage, ecommerce, automotive, and travel and tourism. Clients include Axis Bank, Hathway, Porter and Barbeque Nation. The company has over 150 employees and is now expanding in the United States and Southeast Asian markets.

FinSMEs

02/09/2021