Navana.ai Raises ₹40Cr Series A
Navana.ai raises ₹40Cr in a Series A round led by Ronnie Screwvala to expand its voice AI solutions across the Indian BFSI sector.
Navana.ai Raises ₹40Cr Series A
Navana.ai, an Indian voice AI startup, has raised ₹40 crore in a Series A funding round. The company specializes in building voice AI solutions for regulated enterprises with a specific focus on Indian-language interactions.
Investors
The funding round was led by Ronnie Screwvala. Additional participating investors include Sharad Sanghi, Antler India, Sandeep Singhal, and Paula Mariwala.
Navana.ai Use of Funds
The company plans to use the new capital to expand its deployments across the banking, financial services, and insurance (BFSI) sector. Additionally, funds will be allocated to advance its proprietary speech models for Indian languages and dialects, as well as to develop its AI Contact Centre and automated evaluation platform.
About Navana.ai
Navana.ai, co-founded by brothers Raoul and Jai Nanavati, provides voice AI solutions for regulated enterprises, specializing in Indian-language interactions. It has processed over 100 million voice AI minutes for major financial institutions and developed proprietary speech models supporting 12 Indian languages and 45 dialects, addressing challenges such as background noise, code-switching, overlapping speech, and regional accents.
Funding Details
Company Website: https://navana.ai
Company: Navana.ai
Raised: ₹40Cr
Round: Series A
Funding Date: September 7, 2026
Lead Investor: Ronnie Screwvala
Additional Investors: Sharad Sanghi, Antler India, Sandeep Singhal, Paula Mariwala
Software Category: Voice AI
Source: https://entrepreneur.economictimes.indiatimes.com/amp/news/funding/voice-ai-startup-navana-ai-raises-40-crore-in-series-a-led-by-ronnie-screwvala/133878402