Convin Secures $6.5 Million in Series A
Convin, a Bengaluru, India-based AI-powered conversation intelligence platform, has secured $6.5 million in Series A funding.
The round was led by India Quotient, with participation from new investor JSW Ventures and existing backers Kalaari Capital, Titan Capital, Winners Fund, Sparrow Capital, and 9Unicorns.
Founded in 2012, India Quotient is a venture capital firm based in Mumbai, India, that funds disruptive businesses targeting Indian consumers. The firm invests in companies across various sectors, including fintech, edtech, healthtech, consumer brands, consumer internet, social networks, media, hardware, logistics, marketplaces, SaaS, online-first brands, and B2B.
The company plans to use the funds to expand its core team, distribution channels, and AI capabilities.
Founded in 2020 by Ashish Santhalia, Bharat Patidar, Atul Shree, and Durgesh Choudary, Convin provides a conversation intelligence solution designed to analyze the performance of remote and inside sales teams. Since its launch in 2021, Convin has focused on enhancing customer-facing teams—sales, support, and collections—by using AI to monitor and analyze agent-customer interactions. The company currently serves over 80 companies, including Reliance Nippon, Puravankara, Titan, Thyrocare, and Lazypay.
Funding Details
Company: Convin
Raised: $6.5M
Round: Series A
Funding Date: August 2024
Lead Investor: India Quotient
Additional Investors: JSW Ventures, Kalaari Capital, Titan Capital, Winners Fund, Sparrow Capital, 9Unicorns
Company Website: https://convin.ai/
Software Category: Conversation Intelligence