Cheerio AI bags Rs 8 crore in seed funding led by Artha Venture Fund II
Bengaluru-based Cheerio AI, an AI-powered customer engagement platform, secured Rs 8 crore in seed funding led by Artha Venture Fund II to develop multi-modal AI capabilities, including a proprietary small-model large language model for ad generation and expanding into voice and video.
•Cheerio AI, an AI-powered customer engagement platform, raised Rs 8 crore in a seed funding round.
•The funding was led by Artha Venture Fund II, with participation from Hyderabad Angels, TiE Angels, LetsVenture, and other angel investors.
•The Bengaluru-based firm plans to use the capital to develop multi-modal AI capabilities.
Why it matters
This funding round underscores the continued investor interest in AI-native startups, particularly those leveraging advanced AI like multi-modal capabilities and specialized LLMs to transform customer engagement. It highlights the growing trend of AI integration into core business functions, promising enhanced automation, personalization, and efficiency in enterprise communication workflows.
Impact:◇ Medium
Who should care:FOUNDERS, INVESTORS, GENERAL
Time Horizon:Immediate
Explain Simply →
Cheerio AI, an Indian company that uses artificial intelligence to help businesses interact with their customers, has raised Rs 8 crore in funding. They plan to use this money to build more advanced AI features, like their own small AI language model for creating ads and expanding their service to handle customer interactions through voice and video, not just text.
