close
close

Mondor Festival

News with a Local Lens

ZFunds and WickedGud Secure Funding; LTIMindtree bets on Voicing.AI
minsta

ZFunds and WickedGud Secure Funding; LTIMindtree bets on Voicing.AI

ZFunds and WickedGud Secure Funding; LTIMindtree bets on Voicing.AI

Manish Kothari (left) and Vidhi Tuteja, co-founders of ZFunds

Autonomous company Voice Voicing.AI, wealth technology platform ZFunds and food brand WickedGud have secured seed funding, the companies announced Wednesday.

ZFunds

ZFunds, a Gurugram-based wealth technology company, has raised Rs 25 crore (around $3 million) in seed funding led by Elevation Capital, with participation from Policybazaar co-founder Yashish Dahiya.

Founded in 2019 by Manish Kothari and Vidhi Tuteja, ZFunds aims to improve the mutual fund investment experience and outcomes for investors. The new funds will be used to improve its services to end consumers.

ZFunds Distribution offers a range of asset management services.

Shilpa Shetty-backed WickedGud has secured funding of Rs 20 crore (around Rs 2.4 million) led by Orios Venture Partners, with participation from Asiana Fund and a group of existing investors.

Founded in 2021 by Bhuman Dani, WickedGud positions itself as a “better for you” gourmet food brand, offering products such as noodles, pastas and chips.

The company plans to use the funds to expand its distribution network, increase its branding and marketing efforts, and strengthen its core team. Additionally, it aims to enhance its product portfolio by developing new offerings and introducing Korean flavors in its instant and cup noodle range.

The Mumbai-based startup, which operates through an omni-channel distribution network, claims to have quintupled its growth in the last 24 months. This announcement comes almost a year after it raised Rs 6 crore from investors such as Asiana Fund, Titan Capital, Venture Catalysts, Hyderabad Angels, Disruption Fund and other angel investors.

The US subsidiary of LTIMindtree has signed a definitive agreement to invest $6 million in Voicing.AI.

Founded in April 2024, Voicing.AI specializes in autonomous voice AI agents that can be deployed on web platforms or applications for inbound and outbound customer calls and related tasks.

This strategic investment will enable LTIMindtree to leverage Voicing.AI’s offerings to enhance its AI capabilities and provide advanced solutions to potential customers.