The funding round also included a secondary transaction with investors such as Unitus Ventures and Michael and Susan Dell Foundation making a partial exit, the company said in a statement without disclosing any specific details on the transaction.
Salesken plans to use the funds raised to further develop its artificial intelligence-based conversation intelligence platform and for expansion across the Asia Pacific and North America markets.
“Companies squander a third of their customer acquisition costs on preventable lead losses. They also face the unpredictability of sales outcomes and an inability to replicate success at scale. Salesken.ai helps them by enabling sales teams to adopt a more scientific approach to sales management in real-time during their customer conversations” said Surga Thilakan, co-founder and CEO, of Salesken.ai.
Started in 2019, Salesken helps sales teams with real-time intelligence on various aspects of the sales pitch like lead qualification and navigating pricing discussions during their customer conversations to help them win more deals. They can also gauge the customer’s sentiment during the conversation, the company said in a statement.
“Inside sales has many unique management, training, and scaling challenges, but is often the most productive form of sales for companies across a range of industries. Salesken enables higher productivity for this segment of users and brings a step function in their performance”, said Shailesh Lakhani, Managing Director, Sequoia Capital India.