Indian Voice AI Platform Ringg Raises $10 Million Series A Extension

Indian voice AI platform Ringg secured a $10 million Series A extension from Peak XV Partners on August 28, bringing its total Series A funding to $15.5 million. The platform currently processes 20 million call attempts per month for enterprise customers including Flipkart, Cred, and Groww. Ringg's growth follows a strategic pivot away from training commodity text-to-speech models toward deep workflow automation. The company capitalizes on the Indian market where 76% of consumers still prefer phone communication over text.