Singapore-based low-code-no-code (LCNC) conversational AI platform, Twixor has raised $2.4 million in series A round funding led by Season Two Ventures, and Axilor Ventures in participation with The Chennai Angels.
Twixor simplifies the way organizations integrate consumer interactions/engagements in their business processes to give enterprise customers better AI-driven cognitive experiences. The CX automation platform powers accelerated conversations by driving seamless, low-friction, multi-lingual, and app-less interactions and transactions.
The company is looking to aggressively scale up its reach and operations. The new funds will be utilized to further their innovation journey, strengthen strategic partnerships, global expansion, and hire talent.
Speaking on this fundraise, Ashok Anand, Founder & CEO, Twixor, said “Twixor helps businesses create superior customer experiences by enabling them to deliver intuitive solutions, address complex use cases, accelerate time to market, and reduce total cost of ownership. This investment comes at a strategic moment in our growth journey. It will help us accelerate our twin objectives of technology innovation and global scale-up.”
Commenting on the funding round, Sajan Pillai, Managing Partner, Season Two Ventures said, “Twixor’s trajectory from ideas to success is rooted in the right culture to promote innovation and growth, which is very well aligned with our vision of digital transformation, especially in banking tech. We are excited to back Twixor’s ambitions to scale its initiatives regionally and internationally. We look forward to supporting the company in realizing its full potential and unlocking new markets through our deep networks in banking and fintech”.
“It is time to see enterprise platforms for large global verticals being built from India. Twixor is a great example of this,” Ganapathy Venugopal, co-founder & CEO of Axilor Ventures said.
Further speaking about the investment round, Sameer Mehta (Chief Investment Director of Atlas Family and Vice Chairman at Dr. Mehta’s Hospitals), and Angel Investor (The Chennai Angels) said, “Twixor is one of the fastest-growing companies as every company they work with can show long term benefits and savings within 3 months. AI-assisted rapidly-deployable enterprise solutions at the best.”