Skit is a Bengaluru-based AI SaaS voice automation company founded in 2016 that developed VIVA (Vernacular Intelligent Voice Assistant), an NLU-powered platform. VIVA supports more than 16 languages and 160 dialects and, according to the company, can automate up to 90% of call-center operations using over 10 million hours of training data to replicate human-like conversations. Skit serves more than 25 B2B clients across banking, insurance, finance, travel, logistics, food & beverage and e-commerce, including Axis Bank, Hathway, Porter and Barbeque Nation, and currently has about 150 employees. The company says it quadrupled revenue and customer count in 2020–2021 since its $5.1M Series A in May 2020, with average order book growth reported at a CAGR of 200–300% annually. Skit has expanded into the U.S. and Southeast Asia, opened a New York headquarters, and plans to use new funding to scale sales, marketing, R&D, headcount, and strengthen its personalized voice products. Vernacular.ai is a Bengaluru-based artificial intelligence startup. The article reports the company raised $5.1 million in a Series A round. The funding round was led by Exfinity Ventures and IAN Fund. The article does not provide details on the company’s core product, customers, revenues, or operating metrics. It also does not mention prior funding rounds or the company’s founding year. No use of proceeds or future plans were disclosed in the coverage. Vernacular.ai offers a multilingual AI platform that automates customer service operations for businesses using natural language processing in Indian languages. Founded in 2016 by IIT‑Roorkee graduates Sourabh Gupta, Akshay Deshraj and Manoj Sarda, the company enables companies to interact and engage with customers in their preferred languages. It has been working with financial institutions to help scale business, reduce operational expenditure and enhance customer loyalty and satisfaction. Earlier this year Vernacular.ai launched a business-to-consumer product called Aisha, a Hindi personal assistant targeting people in Tier 2 and Tier 3 areas. The startup is developing in-house NLP technology to address transliteration, context identification and hybrid language usage in collaboration with industry and academia. Financially, it has received an undisclosed investment from KStart Capital, the seed programme run by Kalaari Capital.

Total raised

$28M

Funding rounds

3

Latest round

Series B

Latest activity

Sep 2021