Beacon.li raises $7 Mn in Series A round

Enterprise tech startup Beacon.li has raised $7 million (around Rs 60.9 crore) in its Series A round led by Sorin Investments.

The round also saw participation from Athera Venture Partners, JAFCO Asia, along with existing investor Unicorn India Ventures and angel investors including Capillary Technologies founder and CEO Aneesh Reddy, Rapido co-founder Aravind Sanka, and Kapil Bharti. 

The proceeds will be used to expand its AI capabilities, increase its global footprint, and boost enterprise automation. 

Founded in 2023 by Silus Reddy and Rakesh Vaddadi, Beacon.li offers AI-driven product assistants designed for enterprise software support. 

According to Beacon.li, its AI assistant easily integrates with enterprise systems, automates processes, answers queries, and creates documentation instantly. The startup counts the likes of Darwinbox, Zluri, Keka HR, and Planful among its customers. 

Co-founded by former KKR India head Sanjay Nayar, Sorin Investments announced the final close of its maiden fund at Rs 1,350 crore in May last year. Sorin Investments had also onboarded Subeer Monga as a partner at the firm.