Bengaluru-based full-stack customer engagement platform Exotel raised $40 million in its Series D round led by Steadview Capital. The startup has, in total, raised approximately $100 million in the last 15 months across multiple debt and equity rounds.
According to the startup, the fresh fund infusion will be primarily used to build the future of customer engagement by investing more into the Middle East and Southeast Asia markets for potential acquisitions that will add more omnichannel and full-stack capabilities to the platform and enable growth.