Leo Capital, which contributed $0.75 million to the round, helped QuickReply.ai, which is a WhatsApp marketing startup, in raising $1.14 million.
The firm said in a statement that other investors, including GSF, Pentathlon Ventures, Deepak Diwakar (MindTickle cofounder), Dinesh Agarwal (CEO and founder of Indiamart), and Azhar Iqubal (CEO and cofounder of Inshorts) took part in the seed investment round.
QuickReply.ai, created in 2021 by Hridayesh and Himanshu Gupta, offers an end-to-end WhatsApp engagement platform to direct-to-consumer (D2C) firms and online merchants. Following significant growth over the last 18 months, Himanshu Gupta’s (cofounder and CEO) seed funding will assist them expand their offering and accelerate innovation.
The business claimed that it intended to use the funds mostly for hiring new staff, creating new products, building up its technological foundation, and doing research and development.
With the revolutionary automation provided by QuickReply.ai, firms can personalise their WhatsApp marketing, potentially replacing email and other conventional channels in some industries.
The funds will also be used for marketing and worldwide expansion by the company. Over the next two years, the startup intends to increase its geographic reach by operating in the Southeast Asia, Middle East, Europe, and Latin America.
