Monday, January 18, 2021
Techiexpert.com
No Result
View All Result
  • Login
  • Register
  • Home
  • Tech news
  • Startups
  • AI
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • ML
  • Blogging
Techiexpert.com
No Result
View All Result

Niki.ai Raises ₹11.6 Crore in Convertible Debt Funding

Sony T by Sony T
May 22, 2019
in Startup news
Reading Time: 2min read
A A
0
Niki.ai Raises ₹11.6 Crore in Convertible Debt Funding 1
10
SHARES
147
VIEWS
Share on FacebookShare on Twitter

Niki.ai which is a Bangalore based an AI-powered chatbot service startup has now been raising a convertible debt funding since February this year. According to the report which has been revealed, Niki.ai has raised around INR 11.6 crore in the convertible debt funding from the investors that include the RSP IIndia Fund LLC, Vista ITCL, Asian E-commerce Alliance, Ramakant Sharma, Unilazer Alternative Ventures and others.

The startup has also secured INR 7.8 crore in the month of February and INR 3.8 crore between the month of May and March.

The startup which has been backed by the Ratan Tata, and SAP.io among the others. Niki.ai also boasts of a 3 million users user base, a massive revenue growth of 430%.

The AI startup also provides more than 20 services to more than 2 million consumers ranging from utility services like bill payments, mobile recharge, buses, hotels, entertainment, cabs services. The startup is also planning to provide services for healthcare and flights services.

ADVERTISEMENT

The startup which has been founded by the Nitin Babel, Keshav Prawasi, Sachin Jaiswal, Shishir Modi in the year 2015. Niki.ai is also touted as the India first fully automated chat bot application with no human intervention.

Previously, a Pune based AI chatbot startup, Quinto.ai got acquired by the Netcore Solutions, which is a Global Marketing Technology company. With the talent acquisition and IP, Netcore gets access too Quinto’s conversational AI powered and supported chatbot engine and its employees.

Previously, the Chief Scientist at Salesforce, Richard Socher, had invested in the visit, which is an AI-driven chatbot for the health advice. based out of Delhi, Visit also counts the co-founder of the Twitter, Biz Stone and Snapdeal founders – Rohit Bansal and Kunal Bahl and other backers.

Tags: AI ChatbotsAI StartupBangalore startupsNiki
Share4Tweet3Share1Pin1
Sony T

Sony T

Sony is a passionate bloggers writes on Futuristic technologies ...

Related Posts

How Cloud Computing reshapes businesses?
Startup news

Siply raises $1 million in Seed Round led by Inflection Point Ventures

January 12, 2021
HobSpace raises 1cr in Pre Series A1 from Inflection Point Ventures
Startup news

HobSpace raises 1cr in Pre Series A1 from Inflection Point Ventures

January 7, 2021
qZense, an agritech start-up secures INR 4.5 Cr seed investment
Startup news

qZense, an agritech start-up secures INR 4.5 Cr seed investment

December 30, 2020
The One-Stop Relocation Platform – HappyLocate
Startup news

The One-Stop Relocation Platform – HappyLocate

December 29, 2020
Bancolombia Chooses SunTec’s SaaS for Enterprise Pricing Solution
Startup news

SunTec Names Top Trends for Banking and Financial Sector in 2021

December 29, 2020
Trading 2020
Startup news

How have the hottest 2020 tech IPOs have fared since inception? By Jasdeep Singh

December 27, 2020

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Latest Stories

Second Edition of SAP-CIIE Startup Accelerator Program Announced
Tech news

5 Ways To Grow Your Startup’s Visibility Online

by Sony T
January 18, 2021
Impact of COVID-19 on Startups Funding
Tech news

Post-Pandemic Investment Management: Why turn to AI

by Daglar Cizmeci
January 17, 2021
Get Maximum Benefit from your LinkedIn App using Piwaa
Tech news

Get Maximum Benefit from your LinkedIn App using Piwaa

by Sony T
January 16, 2021
chatbot customer service
Tech news

25 Virtual Assistant Services You Can Offer Your Clients

by Sony T
January 14, 2021
Learn how to set up automated security testing
Tech news

Majority of DDoS Attacks in 2020 – StormWall Report

by Srikanth
January 14, 2021
Load More
Techiexpert.com

© 2020 All Rights Reserved

  • Terms of use
  • Privacy Policy
  • About Us
  • Contact us
  • Write For Us
  • Cookie Policy

  • Login
  • Sign Up
No Result
View All Result
  • Home
  • Tech news
  • Startups
  • AI
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • ML
  • Blogging

© 2020 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.