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BUSINESS·1 min read·Apr 19, 2021

LimeChat gets $750,000 seed subsidizing from Pi Ventures, Stellaris

LimeChat, an AI-based chatbot startup, has brought $750,000 up in a seed financing round drove by Pi Ventures and Stellaris Venture Partners. A grasp of private backers, including Flipkart CEO Kalyan Krishnamurthy, Sujeet Kumar, Ramakant Sharma, Dilip Khandelwal and others took part in the financing

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LimeChat, an AI-based chatbot startup, has brought $750,000 up in a seed financing round drove by Pi Ventures and Stellaris Venture Partners. A grasp of private backers, including Flipkart CEO Kalyan Krishnamurthy, Sujeet Kumar, Ramakant Sharma, Dilip Khandelwal and others took part in the financing.

The AI-based chatbot plans to utilize the returns to fortify its group and scale its go-to-advertise tasks, as indicated by an assertion.

LimeChat was established in 2020 in the midst of a pandemic-instigated flood in appropriation of online business in India. The chatbot offers conversational encounters to clients on stages including WhatsApp and Facebook Messenger.

At the point when we began, the word ‘chatbot’ was an abused term, and the worth being conveyed through them was exceptionally restricted, LimeChat fellow benefactor Nikhil Gupta said. We needed to use our AI research foundation to create front line conversational insight equipped for conveying remarkable client encounters.

LimeChat had raised a pre-seed round from Titan Capital early a year ago.

The startup is at present working with in excess of 25 direct-to-customer brands across the design, magnificence and beautifiers, and wellbeing and health verticals. Restricting our concentrate exclusively to the online business vertical empowered us to design the customized relevant connections which clients want, prime supporter Aniket Bajpai said.

Talking on the LimeChat subsidizing, Pi Ventures Principal Shubham Sandeep said, At Pi, we back adventures taking care of enormous worldwide issues utilizing troublesome innovation, and LimeChat possesses all the necessary qualities impeccably. Conversational trade is taking off as proven by more than 100 million business accounts across WhatsApp and Facebook Messenger.

Helped business is a huge market ready for interruption. LimeChat’s separated, Level 3 conversational AI empowers any visit medium to turn into a business channel, said Alok Goyal, accomplice at Stellaris Venture Partners.

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  1. 01What is this story about?
    LimeChat, an AI-based chatbot startup, has brought $750,000 up in a seed financing round drove by Pi Ventures and Stellaris Venture Partners. A grasp of private backers, including Flipkart CEO Kalyan Krishnamurthy, Sujeet Kumar, Ramakant Sharma, Dilip Khandelwal and others took part in the financing
  2. 02Who wrote it?
    Sheena · Staff. 1 min read · Apr 19, 2021.
  3. 03Is this sponsored?
    If a piece is, the disclosure sits above the cover image and again in our public transparency report. This one carries no commercial disclosure.
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