New Delhi, March 5 AI-powered customer engagement platform Cheerio AI has raised ₹8 crore in a seed funding round led by Artha Venture Fund II (AVF II), with participation from Hyderabad Angels, TiE Angels, LetsVenture, Invention Engine, along with angel investors Arjun Vaidya, Anand Shahni, Vivek Mathur, Ajeet Khurana, and Nitin Verma.
The Bengaluru-based firm plans to use the capital to build multi-modal AI capabilities, including a proprietary small-model LLM for ad generation, scale Cheerio AI from messaging into voice and video, expand AI-driven automations, and strengthen enterprise-grade capabilities, according to a company statement.
The Bengaluru-based company intends to deploy the raised capital to develop multi-modal AI capabilities. These include a proprietary small-model large language model for ad generation, expansion of Cheerio AI from messaging to voice and video, growth in AI-driven automations, and enhancement of enterprise-grade features, a company statement said.
Over the next 6 months, Cheerio AI also plans to grow its team across engineering, AI, enterprise sales, and customer success to support scaling and global expansion.
Cheerio unifies marketing, support, sales, and communication workflows into a single platform to enable enterprises to engage customers seamlessly across channels such as WhatsApp, email, SMS, social DMs, and in-app messaging.