Yellow Messenger, a conversational artificial intelligence platform, has raised $20 million (about Rs 154 crore) in a Series B funding round led by Lightspeed Venture Partners and its India arm.
The startup said in a statement it will use the fresh capital to grow its business across the US, Europe, Latin America, and Asia-Pacific markets.
The company will also invest in its product innovation roadmap, including deepening multi-lingual voice bot capabilities, expanding enterprise integrations, and launching a developer marketplace for virtual assistants.
The startup had last year mobilised $4 million (Rs 27.7 crore then) in its Series A funding round from Lightspeed and a bunch of angel investors.
yellow.ai is a leading CX Automation Platform helping businesses to build chatbots and voicebots to automate support, sales, marketing, HR, ITSM, in 100+ languages, across 35+ channels