Conversational AI startups hear sound of money as demand rises

Indian voice artificial intelligence startups are seeing rising business interest as the demand for conversational AI services go up across customer service and call centres. This comes on the back of experimental pilots translating into full time projects, as models become more reliable with improving accuracy, say experts.

This is also resulting in increasing investor interest. According to data from Venture Intelligence, venture capital investment in voice technology startups shot up to $202 million in 2024 across 12 deals, from $7 million in 2023….