Delhi-based SaaS startup Anaek, which develops chatbots, has raised an undisclosed amount in seed funding from Matrix Partners India, reported Live Mint.
The startup hasn’t disclosed the amount of funding raised however a LiveMint report said the Anaek had raised roughly $1 million, citing a person familiar with the matter.
The startup will use the freshly raised funds to strengthen its technology and product platform, the company co-founder Kanav Abrol told the media.
The startup has a suite of conversational bots to help companies in HR and office tasks like attendance management, expense filing, and assists in office administration tasks, among others.
Founded in 2016 by Ex-PepperTap executives Kanav and Ujjwal Grover, Anaek currently has only 10 employees and a majority its clients are in the US while India is relatively a smaller market for the startup.
“Instant messaging has permeated workplace communication across markets, paving the way for seamless employee interactions. Anaek’s enterprise chatbots help employees complete routine business processes in a simple and efficient manner,” said Tarun Davda, MD, Matrix Partners India.
The chatbots have already started proving to be the player of a huge deal for India, where cheap devices are accelerating the annual growth in smartphone adoption to a massive 36 percent each year for the next five years.
Related Reading – Anatomy of Bots, Chatbots and Virtual Assistants
Increasing number of startups are trying to enter the conversational bot market with an aim of getting established in the bot commerce such as Indore-based Zipi and Niki.AI, which is backed by Ratan Tata, — are two major chatbot based startups from India.
Furthermore, according to a report published by Oracle, about 80% of the companies surveyed are interested in making use of chatbots within a period of next 4 years so as to take their customer service to another level.
Last August, Bengaluru-based Touchkin, which has built a mental health chatbot ‘WYSA’, had raised $1.3M in Seed Funding in a round led by Kae Capital.
To recall, in November Phonon Communication had acquired Gurgaon-based Chatbot startup iDelivr.