Communication solution provider, HeyoPhone has announced the successful closure of its  $ 500 thousand angel funding round. The round saw participation from super-angels Aakash Chaudhry, co-founder of Aakash Educational Services (Aakash-Byju’s), Amit Chaudhary, co-founder of Lenskart, and Dinesh Gupta, co-founder of Busy Accounting. 

The company provides communication solutions to small and midsize businesses. Business owners can manage all their communication requirements, including calls and WhatsApp interactions, via a single platform.   

Amit Chaudhary, co-founder at Lenskart commented: Heyo gives a direct digital line to every small business. Helping the business owner control his customer data, engagement, and campaigns. While keeping the tech as simple as simply replacing your regular number with a smartphone number. Heyo is a game changer for India's SMBs and am happy to back it."  

Rimjhim Ray, co-founder and chief marketing officer of HeyoPhone, commented, "Heyo's trajectory within India's 50 million-strong SMB landscape has been nothing short of remarkable. Our growth has been fueled by automated onboarding, an intuitive user interface, and robust word-of-mouth referrals, which have effectively limited our acquisition costs to below Rs 200. We have raced to half a million downloads and 100000+ KYCs in 6 months and our sights are set on reaching a million small businesses in India within the next 3-5 years. Alongside, we also recognise the significant demand for our app in emerging economies across Asia, LATAM, and Africa.”