Get All Access for $5/mo

Salesken Raises $22 Million In Series B Funding Salesken will be using the funds to accelerate expansion into the North American market

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

Salesken, a sales conversation AI startup, has raised $22 million in Series B funding led by M12 and Microsoft's Venture Fund.

The existing investor Sequoia India also participated in this round. Salesken will be using the funds to accelerate expansion into the North American market and invest further into their proprietary deep-tech products.

Salesken improves revenue per representative by developing insights on gaps in their sales calls and bridging the gap with real-time cues to the sales reps, said a statement.

"With the increasing advent of remote selling across industries, conversation tools are must-haves in the sales stack. As remote selling has now become more mainstream, we are reducing on-boarding time by two-three months. Salesken has dramatic outcomes on sales conversions. It has improved top-line by 20-25 per cent within a few months. This escalated our growth to 300 per cent last year. We are looking forward to our growth and we will continue to hire the best quality talent to help us in our journey," said Surga Thilakan, co-founder and CEO, Salesken in the statement.

"Salesken has made great progress since their Series A funding. The market they operate in is growing rapidly and Salesken's products are rapidly iterating to serve a multitude of sales team requirements. Sequoia India is delighted to support Salesken," said Shailesh Lakhani, partner at Sequoia Capital.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
News and Trends

"45% of All Ongoing Hydropower Projects in India are Ours": Patel Engineering

Patel Engineering reported a turnover of INR 4,400 crore in the last fiscal year, with a projected 10 per cent growth for the current year.

Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Science & Technology

5 Rule-Bending AI Hacks to Make Your Mornings More Productive and Profitable

By 2025, AI will transform productivity by streamlining workflows and cutting costs. Major companies like Microsoft, Google, and OpenAI are leading the way, advancing AI into "Phase 3," where tools act as digital assistants. Discover 5 AI hacks to boost efficiency and redefine your daily routine.

News and Trends

IIT Kanpur Launches Hackathon to Empower Startups in Cybersecurity

Startups will pitch their solutions to a panel of industry experts, with selected teams gaining access to incubation support at IIT Kanpur to help bring their ideas to market

News and Trends

5 Things to Know About India's Chess Pride, Gukesh Dommaraju

He is not only inspired by Dhoni but also relies on a coach from Dhoni's cricketing era to help him prepare mentally.