Whatsapp Marketing Startup Quickreply.Ai Raises $1.4 Million In Seed Funding From Leo Capital, Others
Amount Raised
$1.4 Million
Round Type
Seed
GurugramAngel InvestmentDescription
QuickReply.ai, a WhatsApp marketing platform, on Thursday announced that it has raised $1.14 million in a round led by Leo Capital, which infused $0.75 million.Other investors, including Pentathlon Ventures, GSF, Deepak Diwakar (cofounder, MindTickle), Azhar Iqubal (cofounder and CEO, Inshorts), and Dinesh Agarwal (founder and CEO, Indiamart), also participated in the seed funding round, the company said in a statement.Founded in 2021 by Himanshu Gupta and Hridayesh Gupta, QuickReply.ai offers an end-to-end WhatsApp engagement tool for direct-to-consumer (D2C) brands and online stores.Himanshu Gupta, cofounder and CEO, said, “Following extensive growth over the last 18 months, this seed funding will be significant for us to further strengthen our proposition and drive innovation at a more rapid pace.”What the funds will be used forThe startup said it plans to deploy the capital largely towards talent acquisition, product development, tech infrastructure, and research and development.“WhatsApp has already established itself as a major customer engagement and retention tool, entirely superseding emails and other traditional mediums in some sectors. QuickReply.ai is a disruptive solution, set to help brands personalise their WhatsApp Marketing through innovative automation,” said Leo Capital partner Dinesh Singh.Discover the stories of your interestBlockchain5 StoriesCyber-safety7 StoriesFintech9 StoriesE-comm9 StoriesML8 StoriesEdtech6 StoriesThe startup is also looking to allocate funds towards marketing and global expansion.“After successfully establishing a strong presence in India, we aim to expand operations to the Middle East, Southeast Asia, Latin America, and Europe over the next two years,” the startup added.
Quick answer
QuickReply.ai raised $1.4 Million in a Seed round, dated April 27, 2023. QuickReply.ai is based in Gurugram, Haryana, India.
- How much did QuickReply.ai raise?
- QuickReply.ai raised $1.4 Million in a Seed round on April 27, 2023.
- What does QuickReply.ai do?
- QuickReply.ai is a ready-to-use WhatsApp commerce solution for online store's platforms such as Shopify, WooCommerce, Magento, etc.
- Where is QuickReply.ai based and how big is it?
- QuickReply.ai is based in Gurugram, Haryana, India.
- Who are the decision-makers at QuickReply.ai?
- Fundz holds 1 contact at QuickReply.ai. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Angel Investment around the same time
Companies in the same sectors as QuickReply.ai that raised within 45 days of this round, from Fundz verified event records.
- Filament Syfter raised $3.6M (Seed) on May 9, 2023.
- Funderbeam raised $41M (Funding Round) on May 5, 2023.
- Pitstop raised $3.8M (Seed) on April 12, 2023.
- QuadSAT raised $9.5M (Funding Round) on March 16, 2023.
Who to call at QuickReply.ai, and when
A new round usually means QuickReply.ai is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day QuickReply.ai raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at QuickReply.ai, from your own LinkedIn network
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