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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Vobiz raises $1 million seed round led by Piper Serica VC...
2026-05-07 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Vobiz.ai, an AI-first, API-driven telephony infrastructure platform for Voice AI products, has raised $1 million in a seed funding round led by Piper Serica VC Fund.

The capital will be deployed to strengthen the company’s engineering and go-to-market capabilities, as it works towards achieving $5 million in ARR.

Founded by Suman Gandham (ex-Finin) and Vikash Srivastava (ex-Plivo), Vobiz was born out of the founders’ experience building voice-based AI products, where they discovered that the primary bottleneck was the telecom infrastructure. The existing telecom system originally designed for human-to-human communication and call centres are now being retrofitted to support AI use cases.

Recognising the constrains, Vobiz has built a platform purpose-designed for AI-native communication. It enables developers to integrate voice capabilities in minutes. At a core technology level, Vobiz delivers low-latency call bridging optimised for AI response cycles.

Vikash Srivastava, Co-founder and CTO of Vobiz said developers glue together three or four services just to get a call working and end up with 1400–1700 ms of latency that makes the agent sound broken.

Vobiz is building AI-first telephony infrastructure for the next generation of voice and the goal is to become the default telephony partner for voice AI builders globally, he said.

Suman Gandham, Co-founder and CEO of Vobiz said most serious voice AI deployments are losing time and revenue managing fragile telecom integrations instead of improving their product.

The infrastructure tax is the real barrier to voice AI at the scale which Vobiz is trying to address, he added.

The voice AI market is expected to grow to $32.47 billion by 2030 at CAGR of 29 per cent.

Abhay Agarwal, Founder of Piper Serica said the founders of Vobiz are operators who shaped the previous generation of digital infrastructure across CPaaS and fintech.

“We back bold bets at the foundation of AI and telecom, and cannot wait to see Voice AI’s breakthrough moment, powered by Vobiz,” he said.

Published on May 7, 2026