Bengaluru based AI Voice startup Skit secured $23 Million in Series B funding round

Skit

Skit, a Bengaluru based voice AI company, has now secured $23 million as a part of its Series B funding round.

Skit is founded by Sourabh Gupta. Skit is an AI-first SaaS voice automation company. Its suite of language and speech solutions enables organizations to automate their call center operations. Skit's client base includes Porter, Axis Bank, Hathway, and Barbeque Nation.

Executive Opinion

Sourabh Gupta, CEO and Co-founder of Skit said, "This investment comes when we are making strategic inroads into the US and SouthEast Asian markets. Clients and investors alike have recognized the uniqueness and superiority of our product and continue to show confidence in our growth path. The global contact center market size is expected to grow steadily and reach a value of 496 billion US dollars by 2027. To address this sizable growth, we at Skit are using voice bot innovation and our market observations to personalize caller experiences at customer contact centers, and deliver upto 50% cost reduction and superior customer experience. We are driven by the passion of our clients and our team to change the way businesses interact with their customers."

Sashi Reddi, Venture Advisor to Westbridge Capital, said, "We are delighted to back Sourabh and Akshay as they continue to help global companies transform how customer service is delivered. Skit's success in helping India's largest companies, positions them well to enter the US market where there is a massive need for voice AI solutions".

Skit's Latest Funding

The WestBridge Capital led the latest funding round. Other participating investors include Exfinity Ventures and Kalaari capital.

The AI startup, as of now, has plans to use the new funds to further build sales & marketing capabilities. Skit will also utilize funds for R&D to speed up innovation, building delivery capabilities, and further enhance its products while expanding across the globe.
PC: Pixabay

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Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

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