Airavat Raises $165K Funds to Revolutionize crypto with AI-Powered Telegram Chatbot

Airavat Raises $165K to Revolutionize Crypto with AI-Powered Telegram Chatbot

Subh Rath

March 3, 2023

In this tech-driven era, we are constantly introduced to new AI solutions, whether it’s everyone’s favourite Alexa or Google Assistant or the recent popular tool ChatGPT. In any case, there’s no doubt that AI usage and adoption are increasing over time – so why not take advantage of it?

Airavat, a popular Telegram-based chatbot, feels the same way. Airavat plans to construct a new and enhanced chatbot to adapt and improve how people use Telegram by infusing it with a Chat-GPT-like experience, for Crypto.

In an announcement post, the platform also revealed the successful pre-seed raise of $165K for developing the chatbot. Airavat says most of this money comes from prominent EU and MENA-based crypto investors. With the successful investment, Airavat is now developing an AI-powered Crypto chatbot on Telegram that will assist users in completing simple and difficult activities across the CeFi and DeFi ecosystems in an AI-enabled manner.

According to Airavat’s founder/CEO, Gautam Sampathkumar:

 ‘These funds will help us put forth a Crypto Chatbot UX and help us immensely as we emerge out of Crypto winter. We’d like to thank our investors and grantor projects for putting their faith in us’

The Vision Behind Airavat’s AI-Powered Chatbot

Swaps, staking, borrowing/lending, and bridging between coins, networks, and platforms are part of Airavat’s revolutionary new approach.

Furthermore, Airavat aims to be a mega-aggregator of CeFi and DeFi liquidity (CEXes, DEXes, Staking, NFTs, Borrow/Lend) accessible through a simple chat interface on Telegram.

With this simple and easy-to-use AI-powered chatbot, users can undertake operations that span networks and platforms in real-time, generally in less than 30 seconds. Airavat envisions making this possible by building the chatbot with links across and providing liquidity on all the blockchains, networks, and platforms supported.

You can learn about Airavat’s vision from the platform’s roadmap.

More About Airavat:

Airavat is a robust chatbot-based interface for simple and difficult crypto operations alike. Airavat’s connections with major CEXes, DEXes, and Web3 platforms (AMMs, Borrow/Lend marketplaces, and NFT marketplaces) enable complex multi-step activities to be completed quickly and seamlessly while also providing the best price discovery and effectively bridging the CeFi and DeFi ecosystems.

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