With the capital infusion, Callify aims to strengthen its first-mover’s advantage in the HR tech domain before replicating its core engine to address use-cases across multiple industries
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| Chetan Indap, CEO, Sunny Sharma; CTO, Deepanti Kavi, COO. |
Mumbai, 14th December, 2020: Venture Catalysts, India’s first and largest integrated incubator participates in the $560K seed round in Callify, a calling & qualifying platform for working professionals. The funding round is led by Malpani Ventures (India), along with participation from eminent investors like Calega Ventures (UAE), The Chennai Angel Network, and Marvari Angel Network.
Founded in 2016, Callify is an industry-agnostic, voice-powered technology for working professionals that enables them to automate their daily outbound phone interactions through cutting-edge technology such as speech AI and virtual assistant. The platform empowers users to screen leads without calling, increase closure rates, reduce cost-per-hire, and conduct performance data analysis, thereby eliminating over 70% of wasted or unproductive time. This advantage makes it an essential tool in any job that entails making outbound interactions throughout the day like HRs, sales, operations, marketing, etc.
Speaking on the investment, Chetan Indap, CEO– Callify, said, “We are excited that some of India’s leading investment institutions are confident in our value proposition and the team’s capabilities to execute the planned growth. This funding only validates that we are on the right path and motivates us to continue working toward sour long-term goal."
Dr.ApoorvRanjan Sharma, Co-founder & President – Venture Catalysts, said, “Callify has single-handedly enhanced user productivity by automating repetitive and transactional daily tasks, freeing uptime to devote to their core strength of engaging, sourcing, and closing. The strong background and expertise of the Callify team have turned a promising idea into an innovative, unique, and marketable product that is now simplifying the outbound call-centric workload across industries. We are thrilled to support this disruptive, high-potential start-up and are confident that the team can achieve exponential growth in the future."
Callify currently works with prominent global brands like Infosys, Accenture, NTT Data, HDFC Bank, Orange Telecom, ICICI Prudential, HCL, Kelly Services, and Allegis, etc. It has also been rated as one of ‘Top 15 Best Products in the World’ in its domain in 2019 and 2020 by New York-based Talent Tech Labs, the ‘Most Innovative Product’ in 2017 by the IIM Calcutta Alumni Association, and the ‘Most Innovative HRTech Company’ in 2018 by NHRD Bangalore.
About Venture Catalysts
Venture Catalysts is India’s first integrated incubator. It invests $250K – $1.5 Million in early stage start-ups that have potential to create enduring value for over a long period of time. Venture Catalysts brings a lethal combination of Capital, Mentoring and Business Network to help investee companies to succeed. Their innovation provides value to start-ups through its extensive angel network, funding, community, services and co-working facility.
Speaking on the investment, Chetan Indap, CEO– Callify, said, “We are excited that some of India’s leading investment institutions are confident in our value proposition and the team’s capabilities to execute the planned growth. This funding only validates that we are on the right path and motivates us to continue working toward sour long-term goal."
Dr.ApoorvRanjan Sharma, Co-founder & President – Venture Catalysts, said, “Callify has single-handedly enhanced user productivity by automating repetitive and transactional daily tasks, freeing uptime to devote to their core strength of engaging, sourcing, and closing. The strong background and expertise of the Callify team have turned a promising idea into an innovative, unique, and marketable product that is now simplifying the outbound call-centric workload across industries. We are thrilled to support this disruptive, high-potential start-up and are confident that the team can achieve exponential growth in the future."
Callify currently works with prominent global brands like Infosys, Accenture, NTT Data, HDFC Bank, Orange Telecom, ICICI Prudential, HCL, Kelly Services, and Allegis, etc. It has also been rated as one of ‘Top 15 Best Products in the World’ in its domain in 2019 and 2020 by New York-based Talent Tech Labs, the ‘Most Innovative Product’ in 2017 by the IIM Calcutta Alumni Association, and the ‘Most Innovative HRTech Company’ in 2018 by NHRD Bangalore.
About Venture Catalysts
Venture Catalysts is India’s first integrated incubator. It invests $250K – $1.5 Million in early stage start-ups that have potential to create enduring value for over a long period of time. Venture Catalysts brings a lethal combination of Capital, Mentoring and Business Network to help investee companies to succeed. Their innovation provides value to start-ups through its extensive angel network, funding, community, services and co-working facility.
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