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Hishab Raises US$182K in Investment for Telephony-Driven Financial Transactions

Hishab Raises US$182K in Investment for Telephony-Driven Financial Transactions

Hishab Technologies Limited, specializing in telephony-driven conversational engines powered by generative AI, has secured US$182K investment from Startup Bangladesh Limited, the country’s sovereign venture capital fund. The company holds 30+ patents spanning 23 countries, including India, Indonesia, Nigeria, and the ARIPO region.

Hishab is strategically partnering with retail banks to launch 'HiPay', a platform facilitating money transfers via telephone conversations. Moreover, Hishab has entered a strategic partnership with a local FMCG company to streamline MSME automation in Bangladesh.

The startup serves 22 million TEPCO customers in Japan through integration with its Japanese-language call center solution. Hishab is also set to expand its operations in India in Q3 2024, following its pilot with the State Bank of India.

Having previously secured a US$1Mn investment from ICMG Partners Co. in 2021, Hishab is currently in the process of raising funds to scale its operations.

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