LimeChat, a Bangalore, India-based AI-based chatbot startup, raised $4.2 million in seed funding.
The round was led by Stellaris Venture Partners, with participation from Pi Ventures, Titan Capital, and marquee angel investors.
The startup plans to use the fund in strengthening its product and expand its go-to-market operations.
Company: LimeChat
Raised: $4.2M
Round: Seed Round
Funding Month: April 2022
Lead Investors: Stellaris Venture Partners
Additional Investors: Pi Ventures and Titan Capital
Company Website: https://www.limechat.ai/
Software Category: AI-based chatbot
About the Company: Founded in 2020 by Aniket Bajpai and Nikhil Gupta, LimeChat is an AI-based chatbot startup that helps D2C brands and consumers alike by using human-level AI chatbots, especially for consumer retention. LimeChat's assistant lets the brand instantly respond to customer queries throughout the buying journey, from product discovery to checkout to returns. LimeChat is on a mission to build the most compelling customer experience on chat. In the last six months, LimeChat has witnessed a 3X growth and has expanded its client base to over 125 brands in India.
Source: https://inc42.com/buzz/limechat-raises-4-2-mn-funding-to-help-d2c-brands-leverage-conversational-marketing/