Home Insight FUNDING ALERT - Newly Funded Startups 2024 WhatsApp Marketing Platform QuickReply.ai Secures around $1 mn Funding from Leo...

[Funding alert] WhatsApp Marketing Platform QuickReply.ai Secures around $1 mn Funding from Leo Capital, others

[Funding alert] WhatsApp Marketing Platform QuickReply.ai Secures around $1 mn Funding from Leo Capital, others
[Funding alert] WhatsApp Marketing Platform QuickReply.ai Secures around $1 mn Funding from Leo Capital, others
Using a seed round lead by Leo Capital, QuickReply.ai, a WhatsApp marketing and automation platform, has raised USD 1.14 million.

Using a seed round led by Leo Capital, QuickReply.ai, a WhatsApp marketing and automation platform, has raised USD 1.14 million.

Leo Capital contributed USD 0.75 million to the round, and other investors and entrepreneurs included Pentathlon Ventures, GSF, Deepak Diwakar (co-founder of MindTickle), Azhar Iqubal (co-founder and CEO of Inshorts), and Dinesh Agarwal (founder and CEO of Indiamart), as per reported by BW Disrupt.

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Speaking on the round, QuickReply.ai’s Co-founder and CEO, Himanshu Gupta said, “Gaining early traction across India, our product has been integrated as a core customer engagement and retention tool, by over 250 businesses. 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.”

QuickReply.ai intends to use the funds raised to expand its tech infrastructure, hire more staff, develop new products, and conduct research and development. The business also intends to use the funding for marketing and international growth. Over the next two years, it plans to grow its activities outside of India by entering the Middle East, Southeast Asia, Latin America, and Europe.

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Hridayesh Gupta, Co-founder and CTO, QuickReply.ai also commented as he said, “As a company operating in the communication-tech space, we recognize that WhatsApp is poised to disrupt traditional methods of business communication such as SMS, email, and push notifications. By leveraging the unique capabilities of WhatsApp, we believe that we can empower businesses to build stronger and more personalised relationships with their customers. We are delighted to be at the forefront of this evolution in the messaging industry, and excited about the opportunities it presents.”

About QuickReply.ai

QuickReply.ai is a WhatsApp commerce solution that is ready to use and can be integrated into a variety of online shop platforms, including Shopify, WooCommerce, Magento, and others.

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