What is Skit,ai?
Skit,ai, formerly Vernacular.ai, is an AI-First SaaS business established in 2016 and headquartered in Bengaluru, India. The company specializes in enhancing customer experience through intelligent voice conversations. Its core technology aims to revolutionize how businesses interact with their customers by providing sophisticated AI solutions for voice-based communication, positioning it as a key player in the rapidly evolving customer engagement technology market.
How much funding has Skit,ai raised?
Skit,ai has raised a total of $53.1M across 2 funding rounds:
Series A
$5.1M
Series B
$48M
Series A (2020): $5.1M with participation from Exfinity Ventures, AngelList, Kalaari Capital, LetsVenture, and IAN Fund
Series B (2021): $48M led by Westbridge Capital Us Advisors, Kalaari Capital, Angelist Syndicate, and Exfinity Ventures
Key Investors in Skit,ai
Exfinity Ventures
Exfinity Ventures is an investment firm focused on early-stage B2B startups in India, with a specialization in innovative technologies. Their portfolio spans AI, robotics, and cybersecurity, indicating a strategic interest in advanced tech solutions.
Kalaari Capital
Kalaari Capital is a venture capital firm that invests in early-stage technology companies in India, supporting startups across various sectors including SaaS. Their focus on innovation aligns with Skit.ai's technological advancements.
Westbridge Capital Us Advisors
WestBridge Capital provides purpose-driven capital to Indian entrepreneurs, focusing on long-term growth and sustainable solutions across diverse sectors. Their investment suggests confidence in Skit.ai's scalable business model.
What's next for Skit,ai?
The recent major strategic investment signifies a pivotal growth phase for Skit,ai. This capital infusion is expected to fuel further development of its AI voice technology, expansion into new markets, and enhancement of its SaaS platform. The company is poised to leverage this financial backing to solidify its leadership in the AI-powered customer experience domain, driving innovation and scaling its operations to meet increasing global demand.
See full Skit,ai company page