Gen AI SaaS startup Vodex raises USD 2million from Unicorn India & Pentathlon Ventures

Mumbai/Bengaluru, 3rd April 2024: Vodex, a pioneering GenAI company, announced that it has raised $2 million in a seed round from Unicorn India Ventures, and Pentathlon Ventures. Vodex has already achieved a remarkable $1 million ARR in less than a year.

Since 2022, Vodex has empowered businesses worldwide, with calling needs in the USA and Canada regions, with their proprietary Gen AI-powered outbound voice calling solution. Co-founded by Anshul Shrivastava, CEO, and Kumar Saurav, CTO, Vodex leverages their cutting-edge Generative AI solution to craft voice conversations that closely mimic human interaction, enhancing outbound sales calls with a more personal and engaging experience. This innovative technology eliminates the need for traditional call centers, enabling businesses to streamline operations, improve efficiency, and connect with customers on a deeper level.

Bhaskar Majumdar, Managing Partner, Unicorn India Ventures, says, “GenAI has multiple use cases and more importantly to transform the landscape of tech businesses worldwide. We see disruptive capabilities in Vodex to emerge as a formidable player by applying the power of GenAI and SaaS to help enterprises manage their CRM engagements more efficiently.”

The funds raised will be used for global expansion. The company plans to scale its business to at least 4x in the next year.

Commenting on capital infusion, Anshul Shrivastava, CEO, Vodex, says, “This investment is a testament to the immense potential of Generative AI in revolutionizing sales. Vodex will invest in building a dedicated and highly trained support team to ensure exceptional customer service. We are confident that by quadrupling our revenue in the near future, Vodex will become the go-to solution for businesses seeking to unlock the power of Gen AI-driven sales.”

Kumar Saurav, CTO, adds, “Vodex offers businesses a powerful tool to expand their reach, qualify leads, and close deals with unprecedented speed and scale, all while delivering a natural and engaging customer experience. We are incredibly excited for this next chapter and the positive impact Vodex will have on the business landscape worldwide.”