Monday, Apr 29 2024 | Time 11:47 Hrs(IST)
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Business Economy


Tech startup Daakia secures seed funding of Rs 4 cr

Bengaluru, Mar 28 (UNI) Tech start-up Daakia Pvt. Ltd. said on Thursday that it has secured seed funding to the tune of US$ 5 lakh (Rs 4 crore) from a group of strategic investors.
The fund will help the AI-powered tech firm to scale up its operations in rural and inaccessible areas and also expand the user base in metro and Tier 1 cities.
"The funding round was led by the MD of Green Apple Enterprises, Sasi Kumar Marasu, with participation from a few other angel investors. This significant investment will fuel Daakia's mission to provide citizen-centric services to make collaborations easier, effective, and thus achieve digital sovereignty," the company said in a media release.
The release noted that with the latest round of funding, the company is poised to scale its platform to serve businesses and individuals globally and provide a cost-effective Indian-made solution alternative to WhatsApp and Zoom.
"This funding will enable us to expand our team, enhance our technology, and reach more customers. While internet has brought people together, the world still struggles with linguistic boundaries.
Through Daakia, one can have a meaningful conversation with anybody in the world in about 109 languages," the company's founder and CEO, Animesh Kumar, said.
Added Sasi Kumar Marasu, "We believe that Daakia Private Limited has the potential to revolutionise the way businesses operate and transform the user experience with its intuitive communication platform."
Founded in 2020, Daakia is a deep-tech Indian startup in the fields of Enterprise SaaS and Digital Communications.
UNI NK AKS
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