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Funding News: Rifa AI Raises $1.1 Million to Expand in North America

Startup: Rifa AI

Founders: Sameer Fulzele and Shubham Khoker, IIT Bombay alumni

About us: Rifa AI is a conversational artificial intelligence platform delivering human-like voice automation solutions to enterprises. The platform automates customer interactions via AI voice agents, integrating with CRMs, ERPs, and telephony systems to serve regulated sectors like insurance, healthcare, and financial services. It claims to resolve up to 60% of queries end-to-end and reduce human-handled call volumes by up to 70%.

Founded Year: 2023

Office: Headquartered in Mumbai, with a team in San Francisco focused on North American expansion

Sector: Voice AI / Conversational Automation (Enterprise)

Funding Round: Pre-Seed (or early-stage)

Investors: Led by Seaborne Capital

Rifa AI has raised $1.1 million in a funding round led by Seaborne Capital to scale its operations in North America and enhance its voice AI platform. The startup plans to use the funds to grow its engineering and sales teams, advance product capabilities, and establish localized, compliant deployments in regulated industries.

Website: https://www.rifa.ai/