Navana.ai, a pioneering Voice AI startup founded in 2018 by brothers Raoul and Jai Nanavati, has successfully raised ₹7 crore in a Pre-Series A round led by Antler India. With this round, the company’s total funding now stands at ₹13.2 crore.
This recent round saw participation from marquee investors including:
Ajay Agarwal
Ronnie Screwvala
Sandeep Singhal (who also led their previous angel round via Nexus Ventures)
Navana.ai’s earlier ₹6.2 crore angel round included notable backers such as:
Stanford Angel Fund
Rajan Mehra
Saahil Goel
Navana.ai specializes in Voice AI solutions crafted for Indian enterprises, particularly within the BFSI (Banking, Financial Services, and Insurance) sector.
Their solutions are designed for India's multilingual landscape and include:
Voice AI Contact Centre
Speech Recognition API
Contact Centre Intelligence API
These tools currently support 12+ Indian languages, allowing enterprises to engage customers ranging from urban English speakers to rural dialect users.
Navana.ai plans to channel the newly raised capital toward:
Strengthening its R&D efforts
Accelerating deployment of products across enterprise clients
Developing a robust India-centric language AI stack
The company already serves 40+ enterprises, including notable names like Bajaj Finserv. Their technology has proven valuable in enhancing both customer experience and operational efficiency across large-scale enterprises.
As India embraces digital transformation, the need for context-aware, multilingual AI solutions is greater than ever. Navana.ai is uniquely positioned to capture this demand with its localized approach to voice technology.
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