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ElevenLabs Plans Tenfold India Team Expansion Amid Voice AI Growth

ElevenLabs Plans Tenfold India Team Expansion Amid Voice AI Growth
ElevenLabs sees India voice AI demand surge, plans 10X FDE team expansion · thehindubusinessline.com

ElevenLabs makes tools that let computers speak and understand people.

The company says more Indian businesses are using these tools.

It plans to make its India engineering team ten times bigger and open an office there by the end of the year.

Businesses in India made 100 million calls or conversations using its ElevenAgents service over the past year.

More than 70% of those conversations used Hindi, Kannada, Tamil or Telugu.

The company also wants to help government offices use voice AI to make services easier to reach.

It signed an agreement with a Karnataka government technology organization to work on this.

ElevenLabs says it is investing more in India, including in talent and engineering.

Key facts

India market position
ElevenLabs’ second-largest market outside the United States.
India customers
More than 250 businesses and enterprises.
ElevenAgents usage
100 million conversations recorded by Indian businesses over the past year.
Conversation languages
More than 70% of conversations were in Hindi, Kannada, Tamil and Telugu.
Monthly API users
More than 25,000 Indian developers and businesses, up roughly 2.5 times over the past year.
Funding-related valuation
A recently closed $300 million employee tender offer valued ElevenLabs at $22 billion, double its Series D valuation in February.
Public-sector agreement
ElevenLabs signed an MOU with the Karnataka Innovation and Technology Society to advance voice AI adoption.

Quotes

Karthik Rajaram

General Manager, India, at ElevenLabs

“India is strategic for the company. We’ve tripled our book of business since the start of this year. Our teams have crossed functions and grown manifold, and we continue to double down on our goal of getting $100 million in revenue as soon as possible.”
thehindubusinessline.com
“In India, our FDE team is critical because while we have phenomenal technology and platform models, at the end of the day, we have to move the metric for customers. We have to ensure somebody is working closely with them to unblock those levers.”
thehindubusinessline.com

Sources

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