Beacon.li Secures $7 Million in Series A Funding to Expand AI Enterprise Solutions

Date:

Beacon.li Secures $7 Million in Series A Funding to Expand AI Enterprise Solutions.

Enterprise tech startup Beacon.li has successfully raised $7 million (approximately Rs 60.9 crore) in its Series A funding round, led by Sorin Investments. The round also saw participation from Athera Venture Partners, JAFCO Asia, as well as existing investor Unicorn India Ventures. Several notable angel investors, including Capillary Technologies founder and CEO Aneesh Reddy, Rapido co-founder Aravind Sanka, and Kapil Bharti, also joined the funding round.

Beacon.li plans to utilize the newly raised capital to enhance its artificial intelligence (AI) capabilities, broaden its global reach, and strengthen enterprise automation solutions. The startup aims to revolutionize enterprise software support through AI-driven product assistants.

Founded in 2023 by Silus Reddy and Rakesh Vaddadi, Beacon.li specializes in AI-powered product assistants designed to support enterprise software platforms. The startup’s AI assistant seamlessly integrates with enterprise systems, automates various processes, resolves queries, and generates documentation in real-time. This innovation has already attracted a growing customer base, including Darwinbox, Zluri, Keka HR, and Planful.

Sorin Investments, co-founded by former KKR India head Sanjay Nayar, closed its maiden fund at Rs 1,350 crore in May last year. The firm recently onboarded Subeer Monga as a partner to further strengthen its investment strategy.

With this fresh funding, Beacon.li is poised to scale its AI-driven automation solutions, catering to enterprises seeking more efficient and intelligent software support.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related