You can be on Entrepreneur’s cover!

Former Cisco Chairman-backed AI Speech Conversational Start-up Uniphore Raises $38 Mn, Reports Suggest Speech analytics start-up Uniphore has raised around $38 Mn as part of its Series C round of funding led by California-based venture capital firm March Capital Partners, according to reports

By Bhavya Kaushal

Opinions expressed by Entrepreneur contributors are their own.

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

Shutterstock

Artificial Intelligence is the flavor of the century and there is no denying that. If media reports are to be believed, speech analytics start-up Uniphore has raised around $38 Mn as part of its Series C round of funding led by California-based venture capital firm March Capital Partners.

The fund-raise also saw the participation of investors such as The CXO Fund, Patni Wealth Advisors, National Grid Partners, Intuitive.VC (Intuitive Growth Ventures), and Sistema Asia Fund among others along with existing investor Chiratae Ventures.

Umesh Sachdeva, CEO & Co-founder of Uniphore Software Solutions

A Strong Backing That Took the Start-up Miles Ahead

Uniphore hit headlines after it was picked by former Cisco Chairman John Chambers for mentorship. The company saw business growth getting accelerated with his entrance in the company. Chambers proved to be much more important person for the start-up other than being a mentor. He also picked up 10 per cent stake in the company in its Series B round of funding.

With the current round of funding, the tech start-up's valuation is said to be around $130 Mn. Uniphore was founded by Umesh Sachdeva and Ravi Saraogi in 2008.

Uniphore was also featured in Entrepreneur India's 35U35 class of 2017. Sachdeva was quoted as saying on start-up entrepreneurship, "At the end of the day, startups are smaller in size but they end up competing with larger competitors or larger problems. It requires courage, disruption, and technology innovation to disrupt markets. Founders should keep in mind the areas they choose and the kind of problem they are solving. It has to be a large, unsolved disruptive area."
Bhavya Kaushal

Former Features Writer

I am a work-in-progress writer and human being. An English graduate from Delhi University, writing is my passion and currently, I was Entrepreneur India's start-up reporter. I love covering start-ups and weaving their stories into unforgettable tales with the power of ink! 
News and Trends

What Led Elon Musk To Postpone India Trip

'Heavy Obligations', global layoffs and huge bot operations running on the micro-blogging site X, the reasons are plenty

Business News

James Clear Explains Why the 'Two Minute Rule' Is the Key to Long-Term Habit Building

The hardest step is usually the first one, he says. So make it short.

News and Trends

IT Firm Happiest Minds Technologies Acquires Macmillan Learning India

The deal will likely be finished by April 30 and will cost INR 4.5 crore.

Business Solutions

Grab Microsoft Project Professional 2021 for $20 During This Flash Sale

This small investment is well worth the time it will save your team in organizing and monitoring project work.

Business News

Microsoft's New AI Can Make Photographs Sing and Talk — and It Already Has the Mona Lisa Lip-Syncing

The VASA-1 AI model was not trained on the Mona Lisa but could animate it anyway.

Data & Recovery

This File Backup Tool Subscription Is $25 for Life for One Week Only

AOEMI Backupper Professional is designed to protect, store, and transfer user's files for them.