Pepsales, a software-as-a-service (SaaS) platform for sales teams, has secured $1.1 million in a funding round led by venture capital firm Chiratae Ventures. Angel investors were also actively involved in the round.
The funds will be allocated to the development of an enterprise-grade AI SaaS platform, market expansion, sales and marketing, customer support, and the recruitment of talent for AI and product engineering positions.
The platform uses artificial intelligence (AI) and machine learning (ML) to help business-to-business (B2B) SaaS companies create personalized product demos that resonate with potential consumers.
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The platform is presently in beta mode and has ten customers. Its objective is to increase its presence in the United States and India.
Abhinandan Sahgal, founder, Pepsales, said: “If you show a demo to Nike which is meant for Nike and not for Mercedes, chances are you can improve your wins by 50%. Our proprietary AI and ML technology automates the process of creating personalised demos, saving sales teams countless hours,”
About Pepsales
Founded in 2023 by Ajay Singh and Abhinandan Sahgal, Pepsales is an AI platform for Personalized Demos, Pepsales tells you what your buyer wants, which features to show, and creates a live demo environment with personalized data for your buyers.
