Exotel, a provider of cloud telephony and communication solutions, has recently acquired the core team of voice AI startup Dubverse, including co-founders Anuja Dhawan and Varshul Gupta. This strategic move aims to enhance Exotel’s expertise in conversational intelligence and enterprise customer experience, strengthening its voice AI capabilities within the realm of enterprise communication solutions.
Founded in 2011, Exotel has been actively incorporating AI-driven tools for customer engagement, and the integration of Dubverse’s proficiency in voice AI and conversational technologies is set to reinforce its position in this domain.
Dubverse, known for developing AI-powered speech and audio solutions like multilingual voice generation tools tailored for enterprises, brings valuable expertise to Exotel’s tech portfolio.
According to reports from Entrackr, Exotel has secured $100 million in funding across various rounds, with backing from notable investors such as Blume Ventures, A91 Partners, and Sistema Asia.
Financial data indicates Exotel’s positive growth trajectory, with operating revenue reaching Rs 490.5 crore in FY25, marking a 10% increase from the previous fiscal year. The company also achieved a significant milestone by turning a profit of Rs 20 crore in FY25, a notable improvement from the Rs 37 crore loss in FY24.
Source: Entrackr : Latest Posts