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Pepsales, an AI-powered SaaS platform for gross sales groups, has introduced that it has raised $1.1 million in pre-seed funding, led by Chiratae Ventures with participation from a number of angel buyers.
Based in 2023 by Ajay Singh and Abhinandan Sahgal, Pepsales harnesses synthetic intelligence and machine studying to assist B2B SaaS firms create customized product demos that resonate with potential patrons. The platform addresses a significant problem within the gross sales course of, the place 80% of demos fail to have interaction patrons resulting from their generic, one-size-fits-all nature.
The startup plans to make use of the funds to scale operations aggressively and faucet into the huge world enterprise software program market. A portion of the capital may also be allotted towards constructing an enterprise-grade AI SaaS platform and assembling a top-tier group of consultants in product, know-how, and AI. Pepsales will additional strengthen its gross sales and advertising and marketing features to drive adoption amongst B2B tech firms in key markets corresponding to the USA and India. At the moment, the corporate is working carefully with main SaaS purchasers in these areas to collect suggestions and refine its product.
Explaining the platform’s performance, Co-founder and CTO Abhinandan Sahgal mentioned, “Should you present a demo to Nike that’s tailor-made particularly for Nike and never for Mercedes, you may improve your probabilities of success by 50%. With Pepsales, you may obtain that in simply three clicks. Our proprietary AI and ML know-how automates the creation of customized demos, saving gross sales groups numerous hours.”
Pepsales’ distinctive know-how analyzes buyer and product knowledge to find out what patrons need and which options to showcase, creating dwell demos with customized data. This automated method replicates the experience of seasoned gross sales engineers, whereas additionally saving important time and assets.
Pepsales is concentrating on the worldwide enterprise utility software program market, the place annual gross sales and advertising and marketing expenditures are estimated to exceed $190 billion.
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