Voice AI startup Ringg AI raises $10M in Series A led by Peak XV Partners

Bengaluru-headquartered voice artificial intelligence (AI) startup Ringg AI has raised $10 million as an extension to its Series A funding round, led by Peak XV Partners, with participation from Arkam Ventures and Capital 2b. The startup had earlier this year raised $5.5 million as part of its Series A round.

The startup, which is also backed by Kunal Shah, was founded in October 2023 by Siddharth Shankar Tripathi (formerly with Groww and Flipkart), Utkarsh Shukla (ex-Blinkit and Atlan), and Kali CV (ex-Flipkart).

The company said it will use the fresh funds to strengthen Ringg’s AI platform, expand its voice, WhatsApp and browser agents, deepen investments in its proprietary AI models and context graph, and accelerate enterprise go-to-market efforts across India and international markets.

Ringg AI builds AI agents that help businesses automate customer conversations and related tasks. Unlike basic chatbots, these agents can understand context across customer interactions, company rules, and internal systems. This enables businesses to automate processes such as lead qualification, onboarding, customer support, collections, and renewals, while allowing human teams to step in when needed, the company said.

The company is currently working with Policybazaar, CRED, Flipkart, Groww, Practo, Tabby, SuperNova, GoodScore among others, and serving customers across marketplaces, healthcare, banking, fintech and IT.

“Nobody buys us because the demo sounds good,” said Siddharth Tripathi, founder and CEO of Ringg AI. “They buy us because onboarding improves, resolution times fall, or qualified leads start showing up in the CRM without someone having to make the call. Enterprises should not have to buy a voice layer and then stitch the rest together. We own the loop from conversation to action to evaluation to improvement.”

The platform has been built for enterprise environments that typically expose the limitations of AI agents, including noisy calls, customers switching languages mid-conversation, asynchronous WhatsApp interactions, browser workflows spanning multiple enterprise applications, strict latency requirements and regulated data environments.

The startup supports in-region deployments across India, the GCC, the US and Europe, as well as on-premise deployments.

“We chose to solve the hardest version of the problem first,” said Kali Charan Vemuru, Co-founder and CTO of Ringg AI. “If an agent can handle a noisy call, switch across languages, and still complete a real workflow, it can work almost anywhere. We are building this in India, for a global market.”