Fireflies raises ₹100 crore

Voice intelligence and AI assistant provider Fireflies.ai has raised ₹100 crore ($14 million) in Series A funding, led by Khosla Ventures, with participation from seed investors, Canaan Partners.The S

Voice intelligence and AI assistant provider Fireflies.ai has raised ₹100 crore ($14 million) in Series A funding, led by Khosla Ventures, with participation from seed investors, Canaan Partners. The San Francisco and Hyderabad-based start-up that has presence in major cities in India like Bengaluru, Chennai and Delhi plans to use the new capital to grow the 50-member team that currently is distributed across five countries and 12 cities. While actively hiring across engineering, customer, and marketing teams, it is also making major engineering investments in technologies like GPT-3 and scaling core engineering efforts to support customer demand, a Fireflies statement said. The latest investment follows the ₹35 crore seed round in late 2019. Partner at Khosla Ventures Sandhya Venkatachalam joined partner at Cannan Rayfe Gaspar-Asaoka on the board of directors. Angel investors who are either current or previous executives at organisations such as Slack, Salesforce, Dropbox, Hopin and Facebook continue to support the firm.