Bangalore based cloud telephony startup - Exotel has raised R2.5Cr Series A funding from @Mumbai_Angels and @Blume_Ventures. The investors will take a 25% stake in the company, valuing the startup at R10Cr.
Exotel offers a number to a company on which they can receive & make lots of calls & SMS, all at the same time without having to invest in any infrastructure.
The product is a dashboard with Sales tools, Marketing tools, Customer support tools, Business intelligence, analytics etc, i.e. all tools necessary for an enterprise to run their business smoothly over Voice & SMS. Exotel currently has over 65 clients and makes revenues of 4 lakhs per month.