Convin raises Rs 2.5 crore from Titan Capital, 9Unicorns

NEW DELHI: Convin, a company specializing in conversation analysis for remote and inside sales teams, has announced that it has raised Rs 2.5 crore in a pre-seed round of funding led by Titan capital and 9Unicorns. Several marquee investors, including Kunal Shah – founder of Cred, Abhishek Goyal – founder of Tracxn, Ramakant Sharma – founder of Livspace, Sunder Nookala – founder of Huminos, and Rajesh Razdan – founder of Devtron Labs, also participated in the round. The Bengaluru-based company will use the funds to develop its products and build the core team to achieve product-market fit.

Convin has been co-founded by IIT Delhi Alumni Ashish Santhalia, Atul Shree, Durgesh and Bharat Patidar. Convin enables sales professionals to learn from their own conversations and allows managers to review the conversations and share feedback with the team at scale. It further helps leaders to become proactive in their strategic approach towards sales and products.

According to Santhalia, while working on a new product line at a B2B SaaS company, he realized that sales conversations with prospects has tremendous potential to help the entire organsiation learn and do better. The conviction towards the problem only grew when he worked at a B2C company with a large sales team. This led to the birth of Convin.

“We have analyzed about 1.5 million minutes of conversations till now, providing value to users and enabling them do their job better. The goal is to empower one million sales people with the power of AI to learn from their own conversations and close bigger, better and more sales. We are glad to be backed by top VCs, and the fund will help us to move closer to our goal,” he said in a statement.

In a statement, Bipin Shah, Partner at Titan Capital, said, “The platform that aims at enabling organisations to make use of their customer conversations effectively holds a huge potential to thrive in the current market scenario.”

“Sales teams can use these insights to sharpen their strategies to maximize conversion rates and yield superior dividends. The innovative product and the strong founding team behind the startup give us confidence in our investment in the company. We are committed to providing Convin with its guidance and empowering it to unlock greater growth opportunities in its entrepreneurial journey,” said Anuj Golecha, Co-Founder, 9Unicorns,in a statement.

Convin has worked across different companies in different domains to be able to see how important it is to understand customer conversations for building an organization that is fundamentally different from others.


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