Pintel.ai Bags Seed Funding To Help Companies Boost Sales With AI

AI sales development platform Pintel.ai has raised $1 Mn (INR 8.3 Cr) as part of its seed funding round led by IvyCap Ventures.

The round also saw participation from a host of investors, including founders and executives from Whatfix, LambdaTest, Livspace, Moengage, Quizizz, GSF, Hevodata and HROne among others.

The startup plans to use the fresh capital to boost its product and technology offerings.

Founded by Aman Garg and Nirmal Vatsyayan in 2023, Pintel.ai creates AI-powered tools to help sales teams work more efficiently by automating customer research. The startup claims that its product integrates with platforms like Slack and Microsoft Teams, offering timely insights to make sales outreach more personalised and effective.

The startup offers both a browser extension and an intuitive tabular UI, making it user-friendly and highly effective for prospecting at scale.

Pintel.ai competes with global players such as Yellow.ai, Instapage, Unbounce and Leadpages in the larger AI-powered martech space.

Garg said that the infusion will help the platform to strengthen its automate prospect research, allowing sales professionals to engage more personally with prospects through emails and calls.

Vikram Gupta, founder and managing partner at IvyCap Ventures, said, “Pintel.ai’s AI-driven approach to sales development addresses significant inefficiencies in the market and aligns with our mission to foster technology that drives real impact.”

The artificial intelligence market in India is experiencing significant growth, valued at INR 995.6 Cr in 2022 and projected to reach INR 13,272.6 Cr by 2030. The market is anticipated to grow at a compound annual growth rate (CAGR) of 25-35%, reaching approximately INR 141.3 Cr by 2027.