QuickReply.ai bags $1.14 million in a seed funding round. The round was led by Leo Capital and saw participation from Pentathlon Ventures, GSF, entrepreneurs and angel investors including Deepak Diwakar, Co-founder, MindTickle, Azhar Iqubal, Co-founder & CEO, Inshorts, and Dinesh Agarwal, Founder & CEO, Indiamart.
Commenting on the seed funding round, Himanshu Gupta, Co-founder & CEO, Quickreply.ai said, “Gaining early traction across India, our product has been integrated as a core customer engagement and retention tool, by over 250 plus businesses. Following extensive growth over the last 18 months, this seed funding will be significant for us to further strengthen our proposition and drive innovation at a more rapid pace.”
Hridayesh Gupta, Co-founder & CTO, QuickReply.ai said, “As a company operating in the communication-tech space, we recognize that WhatsApp is poised to disrupt traditional methods of business communication such as SMS, email, and push notifications. By leveraging the unique capabilities of WhatsApp, we believe that we can empower businesses to build stronger and more personalised relationships with their customers. We are delighted to be at the forefront of this evolution in the messaging industry and excited about the opportunities it presents.”
Commenting on leading QuickReply.ai’s seed funding, Dinesh Singh, Leo Capital’s Partner, said, “Following our core thesis, we are bullish about tech-oriented solutions for businesses across stages and geographies. WhatsApp has already established itself as a major customer engagement and retention tool, entirely superseding emails and other traditional mediums in some sectors.”
The Haryana based startup was founded by Himanshu Gupta and Hridayesh Gupta in 2021. The start-up aims at offering an AI-powered end-to-end WhatsApp engagement tool for direct-to-consumer brands along with online stores. The startup gained early traction in India. Currently over 250 businesses integrating its product as a core customer engagement and retention tool.
QuickReply.ai will further utilize the funds majorly for talent acquisition, product development, tech infrastructure, research and development, marketing, and global expansion. The startup with also work on creating a more interactive and transparent communication with the customers by promoting a more personalized approach for sustainable customer relations.
