Daakia, AI-powered tech start-up secures seed funding of USD 5 lakhs
Bengaluru, Karnataka, March 28, 2024: In what shall bolster its effort to scale up operations in rural and inaccessible areas and expand the users base in metro and tier 1 cities, Daakia Private Limited, an innovative AI-powered technology startup, has announced successful completion of its seed funding round, raising USD Five Lakhs ( INR 4 cr ) from a group of strategic investors.
The funding round was led by MD of Green Apple Enterprises, Sasi Kumar Marasu, with participation from a few other angel investors. This significant investment will fuel Daakia’s mission to provide citizen-centric services to make collaborations easier, effective and thus, achieve digital sovereignty.
Daakia Private Limited was founded on the belief that having a trusted communication platform is an essential aspect of our daily life and should not be complex. With the vast language barrier existing in India and globally, the platform aims to be intuitive and provide real time communication in user’s regional language, for which a patent is also granted to the startup. With this latest round of funding, the company is poised to scale its platform to serve businesses and individuals globally, and provide a cost-effective Indian made solution alternative to WhatsApp and Zoom.
“We are incredibly excited to have the support of our investors as we embark on the next phase of our journey,” said Animesh Kumar, Founder & CEO (ex-EY & IIFT alum) of Daakia Private Limited.
“This funding will enable us to expand our team, enhance our technology, and reach more customers. While internet has brought people together, the world still struggles with linguistic boundaries. Through Daakia, one can have a meaningful conversation with anybody in the world in about 109 languages. We are committed to the exhortation of the honourable Prime Minister to “Code for Atmanirbhar Bharat”, and truly believe in Vocal for Local and Go Global,” Kumar added.
Daakia’s innovative approach to solving language barriers in the digital communications space has already garnered attention in the startup market. The company has been part of Google and MEITY’s (Ministry of Electronics & IT) Appscale Academy 2023 and is registered as MSME and as a Start Up with DPIIT.
“We believe that Daakia Private Limited has the potential to revolutionize the way businesses operate and transform the user experience with its intuitive communication platform,” said Marasu.
“We are excited to partner with Daakia on their journey to digitally sovereign India and be a preferred platform of choice for Indians,” he added.
With this new infusion of capital, Daakia is poised to scale its operations and accelerate product development.
About Daakia Private Limited:
Daakia Private Limited is a deep tech Indian startup in the field of Enterprise SaaS & Digital Communications focused on empowering businesses & individuals to unlock the value of multilingual communications. Founded in the year 2020, the startup is headquartered in Bengaluru, Karnataka.
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