Redpoint Ventures Leads USD 61 Mn Investment in AI Startup Giga The California-based startup plans to use the new capital to expand its technical team, accelerate its market reach, and scale deployments with major global enterprises.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Varun Vummadi, Co-founder and CEO | LinkedIn

AI startup Giga has raised USD 61 million in a Series A funding round led by Redpoint Ventures, with participation from Y Combinator and Nexus Venture Partners.

The California-based startup plans to use the new capital to expand its technical team, accelerate its market reach, and scale deployments with major global enterprises.

Founded by IIT Kharagpur graduates Varun Vummadi and Esha Manideep, Giga specialises in automating enterprise customer support using emotionally intelligent, real-time AI agents.

These agents are designed to understand context, reason effectively, and respond in under a second, enabling seamless and human-like interactions. The platform combines contextual reasoning with secure orchestration to deliver consistent support across multiple industries, including ecommerce, healthcare, telecommunications, and financial services.

Satish Dharmaraj, Managing Director at Redpoint Ventures, said, "What excites me most about Giga is that it's not just building a best-in-class support bot. The team is creating a foundational AI infrastructure layer for customer voice. This is one of our largest early stage investments to date because we believe deeply in both the strength of the product and the pace of execution from the Giga team."

According to the company, Giga's system can ingest an organisation's entire support knowledge base and quickly generate high-accuracy agents capable of managing complex customer interactions without human intervention. Its key features include multilingual fluency, high empathy, low latency, and enterprise-grade security. The AI platform also offers built-in analytics and low-code tools to help businesses customize their agents and monitor performance effectively.

"Organisations globally spend billions on call centers every year and yet the customer experience is still broken," said Varun Vummadi, Giga's co-founder and CEO. "We built Giga to change that. For the first time ever, machines are capable of understanding the nuances of customer voices and holding conversations with them, fundamentally changing the way the world interacts with devices."

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Branding

Creating a Brand: How To Build a Brand From Scratch

Every business needs good branding to succeed. Discover the basics and key tips to building a successful brand in this detailed guide.

Innovation

It's Time to Rethink Research and Development. Here's What Must Change.

R&D can't live in a lab anymore. Today's leaders fuse science, strategy, sustainability and people to turn discovery into real-world value.

Marketing

How to Better Manage Your Sales Process

Get your priorities in order, and watch sales roll in.

Business News

AI Agents Can Help Businesses Be '10 Times More Productive,' According to a Nvidia VP. Here's What They Are and How Much They Cost.

In a new interview with Entrepreneur, Nvidia's Vice President of AI Software, Kari Briski, explains how AI agents will "transform" the way we work — and sooner than you think.

Starting a Business

Passion-Driven vs. Purpose-Driven Businesses — What's the Difference, and Why Does It Matter?

Passion and purpose are both powerful forces in entrepreneurship, but they are not the same.