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Founded in 2022, ElevenLabs' AI voice technology can convert text into speech and perform tasks such as processing ⁠refunds, renewing insurance policies and booking appointments.
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Moneycontrol•06-10-2026, 21:29
AI Voice Firm ElevenLabs Plans Massive Investment in India
  • •London-based AI voice company ElevenLabs plans to invest hundreds of millions of dollars in India.
  • •The Nvidia-backed firm is open to making acquisitions in India to expand its market presence.
  • •Funds will be utilized to build local teams, develop AI models, and support multiple Indian languages.
  • •ElevenLabs has partnered with the government of Karnataka to improve citizen services using voice AI technology.
Read Full Article on Moneycontrol in English

Key Questions Answered

AI voice firm ElevenLabs plans to invest hundreds of millions of dollars in India to expand local teams, develop models, and work on Indian languages. The funding will also support potential acquisitions and partnerships with local enterprises and government bodies.

ElevenLabs is partnering with the southern state of Karnataka to utilize voice AI for making government services more accessible and providing AI-powered voice restoration support.

ElevenLabs' enterprise customers in India include edtech company Physicswallah, electrical equipment maker Havells, and fintech Razorpay.

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