Gnani.ai Raises $10M Series B

Gnani.ai, a Bengaluru-based voice AI company, has successfully raised $10 million in its Series B funding round. The round was led by Aavishkaar Capital, with existing investor Razor s Edge Ventures also participating. The fresh capital will be strategically deployed to fuel Gnani.ai's global expansion, strengthen its agentic AI capabilities, broaden its multilingual and industry-specific product offerings, and attract new engineering and product talent. Founded in 2016 by Ganesh Gopalan and Ananth Nagaraj, Gnani.ai specializes in building voice-first AI solutions for enterprises, currently handling over 30 million voice interactions daily in more than 12 languages for over 200 enterprise customers. The company is also a key participant in the Government of India AI Mission, tasked with developing sovereign foundational models. Recent product launches include Inya VoiceOS, a 5-billion-parameter voice-to-voice model, and Vachana STT and Vachana TTS for speech-to-text and text-to-speech conversions. This funding round underscores a growing investor interest in India's AI and deep-tech sector, with other Indian AI companies like Emergent and Deccan AI also securing significant capital recently. The Indian AI market is projected for substantial growth, expected to reach $126 billion by 2030 and contribute significantly to the country's GDP.