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Home > Startups > Funding > LiaPlus AI raises ₹2 crore in seed round led by Inflection Point Ventures

LiaPlus AI raises ₹2 crore in seed round led by Inflection Point Ventures

The newly secured funds will be directed towards team expansion, forging global partnerships, and advancing technology.

Abhinav Kumar Singh
Last updated: September 8, 2024 1:54 AM
By Abhinav Kumar Singh
LiaPlus AI raises ₹2 crore in seed round led by Inflection Point Ventures
LiaPlus AI raises ₹2 crore in seed round led by Inflection Point Ventures
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LiaPlus AI, a startup that creates AI-powered call assistants and virtual AI employees for customer support, has raised ₹2 crore in a seed funding round led by Inflection Point Ventures (IPV). The round also saw participation from Chandigarh Angel Network (CAN), Growth Sense, and Growth91.

The newly secured funds will be directed towards team expansion, forging global partnerships, and advancing technology.

LiaPlus AI specializes in providing AI Employees—artificially intelligent customer support agents that can handle tasks in 18 different languages, including English, Hindi, and Arabic.

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These AI Employees not only conduct customer interactions but also take post-call actions such as sending emails and WhatsApp messages. The company’s innovative approach allows businesses to focus on strategic decision-making and networking, while AI Employees manage routine customer interactions, effectively enhancing sales and customer success.

Shailesh Jaiswal, Co-Founder & CEO of LiaPlus AI, said, “LiaPlus AI is not merely a product; it signifies the evolution of customer support solutions. Supported by IPV, CAN, & Growth91 we are uniquely positioned to revolutionize the industry. Our focus on cutting-edge technology and efficiency will redefine industry standards and set new benchmarks in AI-driven customer service.”

Co-Founder & COO Smridhi Seth added, “LiaPlus AI isn’t just automating calls; we’re transforming the way businesses connect with their customers, making every interaction smarter, faster, and more meaningful.”

LiaPlus AI has achieved significant milestones, including a ₹30 lakh grant from the Ministry of IT and Electronics, Government of India, and a SAR 150,000 performance-based grant from the Kingdom of Saudi Arabia. Featured in Yuvaam – Voice of the Youth Magazine as a top AI startup to watch in 2024, the company was honoured with the Best Pitch award at the ASU+GSV Summit 2024. The founders have been honored as National Level Research Awardees by the Government of India.

With a long-term vision to create a versatile workforce of AI Employees for various administrative tasks, LiaPlus AI is specifically targeting the BFSI and e-commerce sectors in the B2B space. The company aims to capitalize on the growing AI software and services market, which is projected to reach $300-320 billion by 2027.

TAGGED:Inflection Point VenturesLiaPlus AI

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