Description

BusinessOnBot, with a $10 million valuation cap, is raising funds on Wefunder. The company uses an artificial intelligence-based system to acquire users and automate sales through WhatsApp for businesses in India. The system helps in reducing acquisition costs and growth of sales. Mohit Kumar and Aditya Chintapalli founded BusinessOnBot in December 2020. The current crowdfunding round has a minimum raise of $50,000 and a maximum raise of $100,000, and the funds will be used towards sales and marketing and hiring of data scientists to build vernacular AI. BusinessOnBot is growing at 25% WoW in MRR and has $8,000 in booked MRR since the launch in January 2021.