PE-VC Fund Investments
Conversational AI startup Rumik raises $5-M led by Elevation Capital
Mumbai-based conversational AI startup Rumik has raised USD 5 million in a round led by Elevation Capital, with participation from existing investors Info Edge and Huddle Ventures.The fresh funds will be used by the company for enhancement of technology and expansion of operations.Founded in 2024, Rumik.ai develops and provides conversational AI platforms for businesses. Its core product, Ira, is designed to engage in empathetic, context-aware conversations, understand user emotions, and learn from past interactions to offer a more human-like experience in various languages, including Hinglish, Bangla, and Marathi.
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