Zoca, a Mumbai-based agentic AI startup, has announced the successful closure of a $6 million funding round. The investment was led by Accel, with participation from Elevation Capital, GTMfund, and Better Capital. (@EconomicTimes)
This infusion of capital is poised to accelerate Zoca's mission to empower local beauty and wellness businesses through advanced AI solutions. The company has already enabled over 1,000 such businesses to generate more than $10 million in revenue and facilitate upwards of 1.2 lakh appointments. (YourStory)
Empowering Local Businesses with AI
Zoca's platform leverages agentic AI to provide personalised solutions for small and medium-sized enterprises (SMEs) in the beauty and wellness sector. By automating appointment scheduling, customer engagement, and business analytics, Zoca aims to streamline operations and enhance customer experiences for its clients. (YourStory)
Investor Confidence in Zoca's Vision
The participation of prominent investors such as Accel and Elevation Capital underscores the confidence in Zoca's innovative approach and growth potential. The funds will be utilised to further develop the platform's capabilities, expand the team, and scale operations to new markets.(@EconomicTimes)
Zoca's unique application of agentic AI in the beauty and wellness industry addresses a significant gap in the market. We are excited to support their journey in transforming how local businesses operate and engage with their customers," said a representative from Accel.
Future Outlook
With the fresh capital, Zoca plans to enhance its AI algorithms, introduce new features tailored to the needs of SMEs, and expand its footprint across India. The company is also exploring partnerships to integrate its platform with other service providers, aiming to offer a comprehensive solution for business owners.(@EconomicTimes)
As the demand for AI-driven solutions continues to rise, Zoca's commitment to empowering local businesses positions it as a key player in the digital transformation of the beauty and wellness industry.(YourStory)
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