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[Funding alert] Indore-based conversational AI startup GenieTalk raises $750,000

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Conversational AI startup GenieTalk on Friday said it had received its first round of angel investment of $750,000 from Shankeshwar Technologies LLP at a valuation of $10 million.

The Indore-based startup will use the funding for developing its SaaS-based platform that helps businesses build tailored and personalised AI-powered virtual assistants, more often referred to as chatbots and voice bots.

“Our delivery model is a SaaS platform through which the customer can use the chatbot by embedding a small script into their services. This can be purchased as a plan or pay as you go services,” said Vivek Jain, Co-founder, GenieTalk.........

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