Bengaluru-based Exotel APIs $40M

Bengaluru-based Exotel APIs $40M communications platform, has raised $40M in a Series C funding round. Founded in 2011, Exotel provides business communications services through a unified API-based platform to help companies manage and automate customer interactions. This raise will help Exotel accelerate its product development, expand its customer base, and explore new use cases. This article will provide an overview of Exotel, its funding, and its implications.

Overview of Exotel

Exotel is a Bengaluru-based communications platform founded in 2011. The company provides a unified API-based platform that helps companies manage and automate customer interactions. The platform offers a wide range of services, such as customer support, sales, and marketing solutions. Exotel also provides an AI-powered customer service solution, which helps companies reduce customer service costs and improve customer experience. The platform is used by more than 10,000 customers in India, including large enterprises such as Flipkart, Ola, Paytm, and Swiggy.

Exotel’s Series C Funding Round

Bengaluru-based Exotel APIs $40M C funding round led by Tiger Global Management, with participation from other investors such as Accel and Steadview Capital. This is the largest funding round for a communications platform in India. The investment will help Exotel accelerate its product development, expand its customer base, and explore new use cases.

Implications of the Investment

The investment in Exotel will help the company expand its reach and further solidify its position as the leader in the Indian communications platform space. The funds will be used to accelerate product development, strengthen its customer service offering, and explore new use cases. The investment will also enable the company to expand its customer base and reach new markets.

Conclusion

Exotel’s recent $40M Series C funding round is a testament to the company’s success and its leadership position in the Indian communications platform market. The funds will be used to accelerate product development, strengthen its customer service offering, and explore new use cases. The investment will also enable the company to expand its customer base and reach new markets. This investment will help Exotel solidify its position as the leader in the Indian communications platform space.