Heyo Phone, a digital phone line designed for the small and medium-sized business (SMB) community, has announced the closure of its $500,000 angel funding round.

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, participated in the funding round.

As per the startup, the freshly raised funds will play a pivotal role in propelling the trajectory toward their visionary goals.

Heyo Phone | Smart Business Number

Established by Ankit Jain and Pratik Jain in 2013, Heyo Phone, powered by MyOperator, is a smart communication app that helps small business owners run and grow their businesses anytime, anywhere through their smartphones.

With its simple interface, business owners can connect all their staff members with one digital phone number to handle multiple incoming and outgoing calls. They can also connect their WhatsApp for a transforming customer experience.

Speaking about the development, Ankit Jain, co-founder and CEO of MyOperator and HeyoPhone, said,

“The untapped potential within the business communication market is substantial, and it is poised for rapid expansion through the integration of conversational AI. Historically, communication has been an integral component of commerce. However, with the emergence of conversational-first interfaces, communication is now positioned to actively drive commerce.”

The startup aims to convert SMBs’ everyday interactions into dynamic commerce opportunities. Heyo claims to have shown exponential growth from its launch in early 2023, crossing 100K KYCs and over 10,000 paid customers.

Commenting on the development, Aakash Chaudhry, Co-founder of Aakash Educational Services, stated that India’s retail is set to get a strong digital boost with ONDC, allowing every small retailer to reach consumers directly.

Chaudhry added,

“It is the right time to invest in the HeyoPhone app, which digitizes customer engagement for all these businesses. Ankit has successfully built MyOperator, understands the SMB space, and his is the right team to build something so simple and powerful for India’s 6 crore-plus small businesses.”

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