Voice AI startup Ringg AI raises $5.5 Mn in Series A funding led by Arkam Ventures

Bengaluru-based voice AI startup Ringg AI has raised $5.5 million (around Rs 48 crore) in a Series A funding round led by Arkam Ventures. The round also saw participation from Groww Founder Fund, Kunal Shah, White Venture Capital, and existing investor Capital2B.

The fresh capital will be used to expand engineering and go-to-market teams, accelerate product development, strengthen international presence, and build GPU clusters. Ringg AI also plans to invest in proprietary AI models to reduce deployment cycles and remove dependency on third-party APIs.

Founded in October 2023, Ringg AI is building a no-code, multilingual voice-AI orchestration platform that allows enterprises to design, deploy, and manage AI voice agents across inbound and outbound use cases.

The platform is used across customer support, sales, collections, logistics, lead qualification, appointment scheduling, delivery confirmations, and candidate screening.

Ringg AI currently powers around 1.5 million customer conversations per month, with nearly 77% of interactions fully automated without human intervention. Its voice agents support 18 languages, including 10 Indian languages, as well as English, Arabic, Spanish, French, German, and Bahasa. 

The company has over 20 enterprise customers across India, the US, and Saudi Arabia, including CRED, PharmEasy, Shiprocket, Flipkart, and Shell.

The startup is testing pilots in the GCC, US-East, and North America, and plans to scale its platform to 100 million voice interactions over the next 12 months, with a longer-term target of 100 million interactions per month by 2027.