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VC-led AI Startup 'Budy.bot' bags $4.2 million from RTP Global

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AI startup Budy.bot has raised $4.2 million (about Rs 35.29 crore) in a funding round led by early-stage investor RTP Global.

An early-stage investor lead by RTP Global helped AI firm Budy.bot raise $4.2 million (about Rs 35.29 crore) in a financing circular.

Beenext, The Neon Fund, and angel investors Abhinav Asthana, the CEO of Postman, Raju Reddy, the creator of Sierra Atlantic, and John Hayes, the cofounder of Pure Storage, were among those that participated in the round.

The money raised will go toward enhancing the company's artificial intelligence (AI) expertise through training and development.

Budy is an AI-driven agent created by Samay Kohli with the goal of making it easier for businesses to deploy and manage their sales and marketing software stacks. The startup emphasizes reaching end goals and measurable business achievements, claiming to be purpose-driven.

GreyOrange is a robotics startup that Kohli founded.

The corporation states that North America will be its primary emphasis. The platform optimizes the deployment and management of sales and marketing software ecosystems, addressing a global difficulty that businesses face.

Expressing to this significant funding round, Samay Kohli, Founder & CEO of Budy, “Our mission with Budy is clear—we want to solve the growing complexity of sales and marketing software deployment. Using AI we can finally start using the software packages we already have better rather than installing new ones on top of them. With Budy, we’re confident we can help companies get much more out of their sales & marketing budgets in a way that no other platform has. I am thrilled by the overwhelming support we’ve received from investors so early in our journey and grateful for their enthusiasm and trust”.

Similarly, Nishit Garg, Partner at RTP Global says, “This investment aligns perfectly with RTP Global’s focus on backing visionary founders in transformative sectors like AI. We believe founders with bold ideas can redefine industries, and supporting them early is crucial for driving innovation.”

Likewise, Raju Reddy, Founder and former CEO of Sierra Atlantic and Chairman of BITSAA International, and Angel Investor notes, “Having worked with Samay during his journey at GreyOrange, I’ve seen firsthand his ability to scale innovative technologies. I’m confident in his vision for Budy and the potential of AI to revolutionize enterprise software management. Budy solves a real business pain, and with Samay’s proven track record, it’s an exciting opportunity to shape a key market segment. I’m excited to join the board and support Budy on this journey.”