Indore-based conversational AI startup GenieTalk Secures 750,000 USD in Angel Investment Round

Indore-based conversational AI startup GenieTalk Secures 75k USD

Indore-based conversational AI startup GenieTalk Secures 75k USD

Conversational AI startup GenieTalk on Friday stated it had obtained its first spherical of angel funding of $750,000 from Shankeshwar Technologies LLP at a valuation of $10 million.

The Indore-based startup will use the funding for growing its SaaS-based platform that helps companies construct tailor-made and customized AI-powered digital assistants, extra regularly referred to as chatbots and voice bots

Founded with the aid of three tech lovers Santosh Kataria, Ankit Kimtee, and Vivek Jain, GenieTalk was once predicted as a holistic deep-tech startup that developed impartial and intuitive AI entities.

The founders even developed their in-house and IATA Certified Travel utility OGenie accessible on the Play Store and App Store, with an in-built voice-activated digital journey assistant (Virtual Travel Buddy) Genie, which is supposed as a journey concierge service.

Indore-based conversational AI startup GenieTalk Secures 750,000 USD in Angel Investment Round

Currently OGenie has over 100,000 downloads and can search home and global flights, book, reschedule, cancel, do net check-in etc.

The OGenie app is promoting distinctive membership with Airtel Payments Bank, HDFC Times Card, JioSaavn, Freecharge, Phonepe, etc.

The Genie ELITE membership gives a number of benefits, consisting of flight rescheduling, discounted cancellations, and complimentary seats.

Ankit Kimtee, GenieTalk, referred to that the startup is doing what Google and Facebook are doing with limitless sources and billions of dollars.

However, they have minimal resources, faraway locations, however, they have few immensely proficient AI brains.

The tech is in the nascent stage; as a result, it will take years to attain its goals.

Indore-based conversational

He delivered that pandemic had given an outstanding increase to their growth. The startup is receiving the demand they had anticipated in the upcoming 5 years.

The startup is presently aiming to region India as an AI pioneer throughout the world.

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