India, Jan. 7 -- Bengaluru-based voice AI startup Arrowhead has raised $3 Mn (INR 27 Cr) funding in its seed round led by early-stage focussed VC firm Stellaris Venture Partners.

The round also saw participation from CRED's founder Kunal Shah, M2P Fintech's cofounder Madhusudanan R, among other senior executives from fintech firms like Turtlemint and Kissht.

This is the startup's first institutional funding round. Arrowhead had earlier raised a small pre-seed round of around $20K. While the startup has both India and US entities, it operates largely out of India.

Founded by Devyani Gupta and Vengadanathan Srinivasan in 2022, Arrowhead is an AI startup that builds and deploys voice AI agents that aid the sales functions for banks, NBFCs...