We have some excellent news! Exotel, Asia’s largest cloud communication platform, and Ameyo, Asia’s largest contact center platform, are merging to form the largest customer engagement cloud platform in the emerging markets with a presence in 60 countries and an ARR of 40 million USD.
The visions of the two companies are two sides of the same coin – Deliver the best customer communication technology and create happy CX memories. The pandemic has accelerated the market’s need for a customer engagement cloud platform that is able to handle the changing work environment. Enterprises want a single platform that will be able to handle their customer interactions and effectively so. Joining hands with Ameyo helps us meet the demands of the emerging markets much faster.
Over 500 of the largest enterprises in India use either Ameyo or Exotel. Nearly 100 of them currently use both including the largest banks in India, Urban Company, Byju’s, Ola, Swiggy, etc.
The combination of Exotel and Ameyo gives companies the perfect opportunity to unify their customer data and move towards AI to improve their customer experience and personalisation.
We are thankful for the support and partnership of all our customers. We will continue to work towards our goal of enabling companies to use their customer data smartly and to create a perfect customer experience.
Here’s a copy of the press release that went out today:
June 29, 2021, Bangalore: Exotel, Asia’s largest cloud communication platform, and Ameyo, Asia’s largest contact center platform, announced a merger today. The merger creates the largest customer engagement cloud platform in the emerging markets, with a presence in 60 countries and an ARR of 45 million USD.
Speaking about the merger, Shivakumar Ganesan, CEO & Co-founder of Exotel, said, “The pandemic has accelerated the market’s need for a customer engagement cloud platform that can handle the changing work environment. Enterprises want a single platform that will be able to handle their customer interactions and effectively so. Joining hands with Ameyo helps us meet the demands of the emerging markets much faster.”
He further added, “We’ve always wanted to build the best enterprise contact center software. Ameyo already has one of the best enterprise contact center softwares. We loved their people and the similarity in vision. So, joining hands with them makes perfect sense. With Exotel’s platform reliability & Ameyo’s contact center functionalities, Enterprises will now find everything they need to move their customer engagement to the cloud in one place.”
Over 500 of the largest enterprises in India use either Ameyo or Exotel. Nearly 100 of them currently use both including the largest banks in India, Urban Company, Byju’s, Ola, Swiggy, etc.
Ameyo’s co-founder, Sachin Bhatia will transition into a new role as the CEO of Ameyo. He will also join the board of Exotel. The other two co-founders of Ameyo, Bishal Lachhiramka and Nayan Jain and investors Forum Synergies will exit the company.
Sachin Bhatia, CEO of Ameyo said, “I would like to thank my co-founders Bishal and Nayan for helping build and scale Ameyo to over 450 employees serving over 2,000 customers across 60+ countries.” He further added, “The customer engagement cloud platform is a really large market opportunity. The combination of Exotel and Ameyo creates the largest player in emerging markets. Customers would soon be able to unify their customer data and move towards AI to improve customer experience and personalisation.”
The duo also mentioned that moving enterprises to the cloud to enable smart customer data usage was the goal.
Indigoedge and Zanskar were the advisors to Exotel and Ameyo respectively on the merger.
Exotel is the emerging market’s leading customer conversation platform and business-focused virtual telecom operator. Exotel has also recently received a virtual telecom operator license in India to offer cost-effective end-to-end VoIP telephony services, making the company a 100% compliant cloud calling operator. Exotel was founded in 2011 and has an impressive cloud-based product suite that drives 70+ million conversations every day for more than 7000 businesses in India, Southeast Asia, the Middle East, and Africa. Today, the omnichannel contact center, communication API suite, and conversational AI platform from Exotel help some of the fastest- growing businesses in emerging countries manage their customer engagement.
Exotel has won The ET StartUp Awards 2022 under the Comeback Kid category.
For more info, visit: https://exotel.com