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AI startup Yellow Messenger raises $20 million funding

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The current $20 million series B round comes mainly from Lightspeed’s US fund at four to five times the startup’s previous valuation, according to Raghu Ravinutala, co-founder and CEO of Yellow Messenger Bengaluru-based startup Yellow Messenger has announced a $20 million series B round of funding to push adoption of its conversational AI platform in a landscape where enterprise-grade chatbots are more in demand than ever before. “Right from the onset of Covid-19, a lot of enterprises were anticipating a disruption in customer and employee engagement.

We saw a spurt in the volume of deals as there was a rush to automate these services. In fact, March was our best month in terms of the business we closed," Raghu Ravinutala, co-founder and

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