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Voice AI Startup Ringg Raises $10 Million From Peak XV Partners

· Business · TechCrunch, Economic Times, Bloomberg

Voice AI startup Ringg has secured $10 million in a funding extension led by Peak XV Partners, bringing its total Series A capital to $15.5 million. The company, which processes 20 million call attempts monthly, originally launched as a text-to-speech firm named DesiVocal before pivoting to enterprise voice agents. Its client roster now includes Indian companies such as Flipkart, Practo, Groww, and PolicyBazaar. While the startup initially focused on high-volume tasks like lead qualification and loan collection, it is now expanding into complex workflows including healthcare appointment booking and KYC verification. Ringg is also diversifying beyond voice calls into chat and WhatsApp automation to broaden its platform capabilities.

Why it matters

The investment signals growing investor confidence in voice AI as a tool for automating customer-facing business operations in India, where phone-based communication remains a primary consumer preference.

Read the original report — TechCrunch

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