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[Funding alert] HeyoPhone Secures $500,000 In Angel Funding Round

By Team VS
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HeyoPhone, the community for smart communication for small and medium-sized businesses (SMBs), has announced the completion of its $500,000 angel fundraising round.

HeyoPhone, the community for smart communication for small and medium-sized businesses (SMBs), has announced the completion of its $500,000 angel fundraising round.

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The co-founder of Aakash Educational Services (Aakash-Byju's), co-founder of Lenskart, and co-founder of Busy Accounting all participated in the round. According to the company, this infusion of capital will be critical in accelerating the trajectory toward their lofty aims.

"The untapped potential within the business communication market is substantial, and it is poised for rapid expansion through the integration of conversational AI. Historically, communication has been an integral component of commerce. However, with the emergence of conversational-first interfaces, communication is now positioned to actively drive commerce," said Ankit Jain, co-founder and CEO, MyOperator and HeyoPhone.

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The organization claims to have seen exponential growth since its introduction surpassing 100K KYCs and over 10000 paid customers. HeyoPhone seeks to turn daily encounters between SMBs into dynamic commercial opportunities, by Entrepreneur.com.

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"India's retail is set to get a strong digital boost with ONDC which allows every small retail to reach consumers directly. It is the right time to invest in the HeyoPhone app which digitizes customer engagement for all these businesses. Ankit has successfully built MyOperator, understands the SMB space and his is the right team to build something so simple and powerful for Indias 6 crore-plus small businesses," said Aakash Chaudhry, co-founder, Aakash Educational Services.

About HeyoPhone

HeyoPhone enables small business owners to run and expand their businesses from anywhere at any time using their smartphones.

With the simple interface, you can provide all of your employees with a single digital phone number to handle incoming and outgoing calls. You may also link your WhatsApp for a more personalized client experience.

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