Bengaluru-based voice AI startup Arrowhead has successfully raised $3 Mn (INR 27 Cr) in funding in its seed round, and Stellaris Venture Partners actively led this investment. Early-stage focused VC firm Stellaris Venture Partners therefore demonstrated strong confidence in the company.
Moreover, the round saw participation from CRED founder Kunal Shah and M2P Fintech cofounder Madhusudanan R. In addition, several senior executives from well-known fintech firms, including Turtlemint and Kissht, joined the funding round. Consequently, this development marked a significant endorsement from industry leaders.
Importantly, this is the startup’s first institutional funding round, and the company highlighted this milestone with enthusiasm. Previously, Arrowhead had raised only a small pre-seed round of around $20K. However, the startup now enters a new phase with formal venture capital backing.
While the startup maintains both Indian and US entities, it largely operates out of India, and this structure supports efficient execution. Furthermore, the founding team manages global operations from the Indian headquarters.
Devyani Gupta and Vengadanathan Srinivasan founded Arrowhead in 2022, and they launched the company with a clear vision. Since then, the founders have focused on building advanced AI-driven voice solutions.
Arrowhead builds and deploys voice AI agents for banks, NBFCs, and fintech companies, and these agents directly assist sales functions. Therefore, the company targets practical and high-impact use cases in the BFSI domain.
Specifically, these AI agents handle end-to-end sales and service calls, and they often run for up to 20 minutes. As a result, customers usually do not realise they are speaking to an AI bot.
The startup confirmed that the fresh capital will mainly support hiring and technology development, and this plan strengthens core capabilities. Additionally, the company is rapidly expanding its team across engineering, data science, customer success, and new customer acquisition roles. Thus, Arrowhead is investing in long-term growth.
Meanwhile, the second focus area is building deeper tech differentiation for its bots, and the team is fine-tuning its AI model in-house. Moreover, the startup is expanding its product beyond basic voice automation, and this strategy enhances value for clients.
Currently, Arrowhead operates across three core BFSI segments, namely lending, insurance, and securities, and it delivers tailored bots for each segment. In the lending space, the bots handle loan sales and collections, and they improve efficiency. Likewise, in the insurance segment, the bots manage health, life, and motor insurance sales and renewals. Furthermore, in securities, the startup develops use cases such as mutual funds and fixed deposit sales.
According to the voice AI startup, its voice AI agents deliver up to 45% higher conversion rates than human agents, and this claim reflects measurable performance. Therefore, many clients are adopting the technology with increasing trust.
These bots handle complex calls that involve detailed explanations of policy details, coverages, and exclusions, and they maintain clarity. Additionally, they reference policy documents that can extend up to 20 pages, and they manage compliance requirements effectively. Consequently, some clients have entirely displaced human agents with AI-led calling.
Another key part of Arrowhead’s product is strong support for Indian regional languages, and this feature broadens accessibility. At present, the bots operate in Hindi, English, Tamil, Telugu, Malayalam, Kannada, and Bengali. Impressively, they can switch languages mid-call, and this flexibility improves user experience.
This multilingual capability helps reduce customer drop-offs when a human agent cannot communicate in the preferred language, and it ensures smoother conversations. Therefore, the bots engage customers more effectively.
On the business side, the voice AI startup claims to have grown its revenue by 4X over the last few months, and this growth is driven by a rise in go-live contracts. Although the company did not disclose absolute revenue numbers, it expects sharp demand growth in the next 6–12 months. Furthermore, banks and fintechs are starting to treat AI-led calling as a baseline requirement rather than an optional add-on. Therefore, Arrowhead is well positioned for strong momentum.
Presently, the company works with over 50 BFSI clients, and it includes reputed names. These clients include Bank of Baroda Cards, Aditya Birla Capital, Paytm, Turtlemint, Kissht, and InsuranceDekho. Therefore, the startup has built a solid and credible portfolio.
Beyond India, Arrowhead operates in Southeast Asia, and it has active deployments in Malaysia with a large bank and a collections firm. However, India remains its main market, and the startup plans further expansion across Southeast Asia and the Middle East over the next year. Consequently, the company is preparing for wider international reach.
The investor interest for Arrowhead arrives at a time when voice agents have gained strong fervour across businesses in 2025, and this trend supports adoption. Previously, these agents relied on basic IVR systems and scripted bots. However, modern systems now handle long, natural conversations with minimal human support. Therefore, the BFSI sector has seen the strongest traction.
Banks, NBFCs, and insurers have increasingly begun using voice agents to replace large calling teams, and they are improving reach and driving higher conversions. Therefore, Arrowhead is operating in one of the most promising AI automation segments.
Arrowhead has entered a crucial growth stage with its first institutional funding round, and the startup is actively preparing for rapid scaling. The company is focusing on strategic hiring, stronger technology development, and deeper product differentiation, and these priorities will likely strengthen its competitive advantage.
Furthermore, the demand for realistic and multilingual voice AI agents is rising across BFSI markets, and Arrowhead is positioned to benefit from this shift. Therefore, the voice AI startup is expected to expand its footprint across India, Southeast Asia, and the Middle East while transforming financial sales and service conversations with human-like AI.
