One of the largest venture capital organizations in the Silicon Valley, Emergent Ventures, has invested 2 million dollars in 'Insent.ai', a start- up run by a Keralite named Arjun Pillai based in Seattle.
Insent is a marketing platform that functions with the help of artificial intelligence. Insent helps to convert the leads that visit a website to sales in a short span. Insent is working in the Business to Business sector.
Arjun’s earlier venture, ‘Profoundis’ was taken over by a US-based company called ‘Full Contact’ in 2016. Following this, he continued working there till 2017. He started working on ‘Insent’ in 2019. He collected Rs 5 crores in the initial stage from those who had invested earlier at Profoundis.
Insent co-founder and CEO told Mathrubhumi that the company will use the fund they received to make their product more competent and to increase the sales. Arjun is a native of Thiruvalla in Kerala. Tamil Nadu native Prasanna Venkitesh in Insent’s co- founder along with Arjun Pillai.
He also stated that if needed the company will open a development centre in Kerala in the future. Out of the 40 employees of the organization, a lot of them are Keralites at the moment.
Published: 29 Jan 2021, 12:48 pm IST
Related Topics
Disclaimer: Kindly avoid objectionable, derogatory, unlawful and lewd comments, while responding to reports. Such comments are punishable under cyber laws. Please keep away from personal attacks. The opinions expressed here are the personal opinions of readers and not that of Mathrubhumi.
