RevRag AI Raises $2.5 Million for Financial Services Agents
Mumbai based RevRag AI raised $2.5 million in seed funding led by Accion Ventures and Cedar Hill Capital, according to ETEntrepreneur. Wyser and Venture Catalysts also participated in the round.
RevRag AI builds multilingual AI agents that work inside apps from banks, non banking financial companies, fintech firms and insurers. The agents guide customers through digital onboarding, product selection, sales and customer support.
The company will use the funding to develop its product, expand enterprise deployments and enter the US market. RevRag AI says it works with more than 45 financial institutions, including PhonePe, Bajaj Finance, Motilal Oswal, IIFL, Aditya Birla Capital, DCB Bank, Razorpay and Moneyview.
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