Tuesday, June 25, 2024
HomeStart UpQuickReply.ai bags $1.14mn in seed round led by Leo Capital

QuickReply.ai bags $1.14mn in seed round led by Leo Capital

QuickReply.ai, a WhatsApp marketing and automation platform, has raised USD 1.14 million in a seed round led by Leo Capital. Leo Capital invested USD 0.75 million in the round. Other investors and entrepreneurs included Pentathlon Ventures, GSF, Deepak Diwakar, co-founder of MindTickle, Azhar Iqubal, co-founder and CEO of Inshorts, and Dinesh Agarwal, founder, and CEO of Indiamart.

QuickReply.ai, founded in 2021 by Himanshu and Hridayesh Gupta, offers an end-to-end WhatsApp engagement tool for D2C Brands and Online Stores.

Speaking on the round, QuickReply.ai’s Co-founder and CEO, Himanshu Gupta, said, “Gaining early traction across India, our product has been integrated as a core customer engagement and retention tool, by over 250 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, and CTO, QuickReply.ai also commented as he 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.”

QuickReply.ai plans to use the funds raised to expand its tech infrastructure, hire employees, product development, and research and development. Additionally, the startup wants to allocate funds for marketing and global expansion. Over the next two years, it plans to expand its operations in the Middle East, Southeast Asia, Latin America, and Europe after successfully establishing a significant presence in India.

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