In a significant development in the artificial intelligence (AI) startup ecosystem, Shivank Agarwal, the co-founder and former CEO of short video application Mitron TV, and Mohd Amir, the co-founder of online platform TrainMan, are set to launch a conversational AI startup called Callmatic.
Table of Contents
About Callmatic
Callmatic is a conversational AI startup that aims to automate the management of both inbound and outbound calls. The company’s primary objectives are to facilitate lead qualification and offer scalable customer outreach solutions. According to its website, Callmatic’s solutions cater to various industries, including recruitment, sales, healthcare, and customer support, leveraging generative AI technology.
Founders’ Background
Before founding Callmatic, Amir served as the senior engineering manager at Microsoft and was a co-founder of TrainMan from October 2013 to March 2019. TrainMan, which specializes in train ticket booking and information services, was acquired by Adani Digital Labs in 2023.
Funding
Callmatic has attracted over a dozen angel investors, contributing $100,000 (Rs 83.8 lakh) to the startup. The list of investors includes Abhishek Agarwal, Nilesh Ukey, Sumit Gupta, Abhishek Jain, Karan Attri, Kush Mishra, Manasi Jain, Naresh Kumar, Naveen Bansal, Rahul Kumar Sahu, Vineet Chirania, Gaurav Nemade, and Gunjan Sharma, among others.
Mitron TV’s Past
Mitron TV, which was among the few companies that capitalized on the market gap left by the ban of TikTok in India, quietly ceased its operations in mid-2022 following an unsuccessful acquisition deal with Koo, a vernacular microblogging platform. Koo had invested Rs 28.17 crore in Mitron TV through a share swap deal. Anish Khandelwal, the other co-founder of Mitron TV, rejoined MakeMyTrip in April 2022.
The AI Startup Era
The launch of Callmatic comes at a time when the AI startup era is facing challenges. Recently, Google hired the co-founders of AI chatbot startup Character AI and some members of its research team, a move that is seen as a sign of the AI startup world starting to implode. This trend is not limited to Google, as Microsoft and Amazon have also hired talent from AI startups Inflection and Adept, respectively.
The AI model startup era may be shaky, but the quest for ever-more powerful AI models is expected to continue, with Big Tech companies racing to keep up in the AI wars. The launch of Callmatic is a testament to the resilience of entrepreneurs in the AI space, who continue to innovate and push boundaries despite the challenges.
Conclusion
The launch of Callmatic marks an exciting development in the AI startup ecosystem. With its innovative conversational AI solutions, the startup is poised to revolutionize the way businesses manage their customer outreach and lead qualification processes. As the AI startup era continues to evolve, it will be interesting to see how Callmatic fares in the competitive landscape.
FAQ’s
Q: Who are the co-founders of Callmatic?
A: Shivank Agarwal, the co-founder and former CEO of Mitron TV, and Mohd Amir, the co-founder of TrainMan.
Q: What is Callmatic?
A: Callmatic is a conversational AI startup that aims to automate the management of both inbound and outbound calls.
Q: What are the primary objectives of Callmatic?
A: The primary objectives of Callmatic are to facilitate lead qualification and offer scalable customer outreach solutions.
Q: How much funding has Callmatic received?
A: Callmatic has received $100,000 (Rs 83.8 lakh) from over a dozen angel investors.
Q: What happened to Mitron TV?
A: Mitron TV quietly ceased its operations in mid-2022 following an unsuccessful acquisition deal with Koo, a vernacular microblogging platform.