Vodex Secures $320k in Pre-Seed Funding Led by 100X.VC
- ByStartupStory | July 21, 2023
In a significant boost to its growth prospects, Vodex, the outbound calling solution powered by generative AI, has successfully raised $320k in a pre-seed funding round led by 100X.VC. The renowned venture capital firm, 100X.VC, became the first institutional investor to back Vodex. Following the 100X.VC pitch day, additional investments were made by Yash Kotak, Ram Kumar, and Devansh Alijar. The capital infusion will be channeled towards accelerating product development and expanding the business.
Vodex leverages the power of Generative AI to empower businesses with efficient and scalable pre-sales and tele-calling operations. By optimizing sales, marketing, scheduling, lead generation, and feedback calling services, Vodex is at the forefront of driving innovation in the voice industry. Founded by Anshul Shrivastava and Kumar Saurav, Vodex has already garnered a strong presence, serving more than 30 customers from over 5 countries. The startup has proven to be a game-changer across various industries, ranging from Fintech and BFSI to call centers, healthcare, and more. Utilizing state-of-the-art Foundation Models (LLM’s) and Generative Voice AI, Vodex’s voice bots simulate human interactions, delivering intelligent responses in a natural-sounding voice.
Mr. Ninad Karpe, Partner at 100X.VC, expressed his confidence in Vodex’s potential, stating, “The market is highly competitive, and Vodex has successfully carved its niche and unique brand identity over time. It is working with a clear vision to become the industry leader in generative AI-powered outbound calling solutions by offering customization and delivering exceptional customer experiences. Vodex is on its way to revolutionize the way businesses engage and connect with their customers. We extend our best wishes to the team and are keen to support them in all ways possible to grow and scale their business.”
Mr. Yash Kotak, one of the prominent investors supporting Vodex, commended the founders’ dedication and innovative approach, saying, “I strongly support and invest in founders who hustle to achieve their goals. I saw the same confidence and perseverance in Anshul and Kumar, combining the power of Generative AI (way before the chatGPT craze) in voice, natural language, ASR, etc., alongside disrupting the industry. Hence, supporting Vodex was the next obvious move, and I am proud to be a part of their growth journey.”
As Artificial Intelligence continues to rapidly evolve, the transition to Generative AI is becoming increasingly significant and inevitable. Vodex is making concerted efforts to tap into the Indian market and emerge as a leading provider of generative AI-powered outbound calling solutions for businesses. With the backing of 100X.VC and other investors, Vodex is poised to scale new heights in the AI landscape.
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