Smart communication app HeyoPhone gets $500K funding

Smart communication app HeyoPhone has raised $500,000 funding from super-angels Aakash Chaudhry, co-founder of Aakash Educational Services (Aakash-Byju’s); Amit Chaudhary, co-founder of Lenskart; and Dinesh Gupta, co-founder of Busy Accounting, the company announced on Monday (August 28, 2023).

"Heyo gives a direct digital line to every small business. Helping the business owner control his customer data, engagement, and campaigns. While keeping the tech as simple as simply replacing your regular number with a smartphone number. Heyo is a game changer for India's SMBs," said Lenskart's Chaudhary.

Founded in 2013 by Ankit Jain and Pratik Jain, HeyoPhone is a smart communication app designed to empower small and medium-sized businesses in India. By offering a unified platform for managing customer engagement, HeyoPhone accelerates the digital transformation of SMBs, fostering stronger connections with their clientele.

"The untapped potential within the business communication market is substantial, and it is poised for rapid expansion through the integration of conversational AI. Historically, communication has been an integral component of commerce. However, with the emergence of conversational-first interfaces, communication is now positioned to actively drive commerce," said Ankit Jain, the co-founder and CEO of MyOperator and HeyoPhone.

In the startup space, last week, Zepto raised $200 million in a Series-E round and became India's first unicorn of 2023. Another startup, a digital B2B platform for warehouses, logistics, and the industrial sector, 13SQFT.Com, announced that it had raised $1 million in a pre-series round led by Inflection Point Ventures. SuperBottoms, a baby and mother care brand, also raised $5 million (over Rs 40 crore) in its latest funding round, led by Lok Capital and Sharrp Ventures.