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Clodura.AI Secures $2 Million Investment from Bharat Innovation Fund for Sales Prospecting with GenAI

Consumer Tech

Clodura.AI Secures $2 Million Investment from Bharat Innovation Fund for Sales Prospecting with GenAI

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Clodura.AI, an innovator in AI-driven sales prospecting solutions, today announced a $2 million pre-Series A funding round led by the Bharat Innovation Fund with additional backing from Malpani Ventures. This new capital will fuel the enhancement of Clodura.AI’s robust platform which leverages Large Language Models (LLMs) and Generative AI to streamline the sales process from prospecting through to closure.

Clodura.AI helps sales professionals find decision-makers, gather actionable sales intelligence, automate outreach campaigns, and create a 10X sales pipeline. The platform supports sales professionals by providing consistently updated, quality data, enabling precise targeting and effective communication.

The company’s AI platform uses large language models and generative AI to streamline the entire sales process from prospecting to closing deals. A standout feature of Clodura.AI is its email cadence capabilities, which help sales professionals generate more interactions and book more meetings. By intelligently automating sales outreach including the critical factors of when and how to reach the right sales prospects with personalization and customization, the platform eliminates hours of manual drudgery spent each day on creating and sending sales outreach emails and follow-ups.

Kapil Khangaonkar, Founder and CEO of Clodura.AI, expressed his enthusiasm about the new funding and the future of Clodura.AI, stating, “We are thrilled to receive this investment, which will allow us to push the boundaries of what AI can do in sales prospecting. Clodura.AI is not just a tool, it is a crucial sales companion along the entire sales journey, enhancing every step with advanced AI to ensure salespersons close more deals.”

Clodura.AI offers global coverage with a real-time database that includes 600 million+ contacts, 18 million+ companies, and 120 million+ direct dials, maintaining a remarkable 95% accuracy rate. The platform enables hyper-targeted prospecting using advanced search filters and provides firmographic, technographic, and intent data to identify Total Addressable Market (TAM) and expand sales outreach.

Dr. Aniruddha Malpani, Partner Malpani Ventures shared his views on “Clodura.AI’s progress and the potential of Generative AI in sales, stating,”We are pleased to back Clodura.AI again in this Pre-Series A round as it aligns with our belief in applying transformative technology for real-world use cases. We are confident that Clodura’s innovative use of Generative AI will set a new benchmark in enabling sales professionals to achieve efficiency and success in their prospecting & outreach efforts.”

Shyam Menon, Co-founder of Bharat Innovation Fund, highlighted the impact of Clodura.AI’s technology, saying, “Clodura.AI is tackling one of the most significant challenges in the sales industry: effective prospecting, lead nurturing & timely closure. Their innovative All-in-one Platform replacing many other sales tools and use of proprietary AI models are not just improving sales processes but are revolutionizing them, setting new standards for what can be achieved in sales outcomes.”

The funding will enable Clodura.AI to further develop its AI capabilities and expand its user base, continuing its mission to transform the sales process with cutting-edge technology and comprehensive data-driven insights.

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