Lead Angels | Goodmeetings.ai

Pls Note : Commitment Amount will be in multiples of 100.00 below

Goodmeetings.ai, an AI-powered Meeting Insights & Automation Platform that transforms customer-facing revenue teams into productive high-performance units.

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Description

Dear Angels,
 
We hope you and your family are doing well!
 
We would like to present an exciting investment opportunity in Goodmeetings.ai, an AI-powered Meeting Insights & Automation Platform that transforms customer-facing revenue teams into productive high-performance units. 
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Please Note – Lead Angels has a limited allocation for Investment in Goodmeetings.ai. In case commitments exceed the allocated amount, allotment will be on a “First Come, First Serve” basis.
 
Following are the details of the company for your reference:

 

Key highlights of Goodmeetings.ai
  • Strong founder pedigree and investor pedigree with Chiratae Ventures and angels such as Vijay Shekhar Sharma(founder, PayTm), Kunal Shah(founder, CRED), Kalyan Krishnamurthy(CEO, Flipkart), Sujeet Kumar(Co-Founder, Udaan) , Piyush Shah(co-founder, Inmobi group), Krishna Kumar (CEO and Founder, Simplilearn)  
  • With ARR of ₹1.35 Crore/$161K54 paying customers (62% US-Based) and a 101% Net retention rate.
  • Key customers today are – upGrad, OLA, DevRev, Argoid, InventusLaw, SquadStack, LimeChat.  
Problem
  • Manual Overload: Sales reps are drowning in manual note taking, data entry, CRM updates, and administrative tasks. 
  • Tool Turmoil: There’s a plethora of tools available, but they are primarily designed for pipeline management and reporting for leadership, not for the daily needs of sales reps. As a result, sales reps find themselves juggling multiple platforms, none of which fully address their operational pain points. 
  • Lack of insights: and in-call assistance for helping sales reps understand winning behaviours and close fast.  
Impact:

  • 30% of sales reps are only expected to hit their quota / targets
  • 30% of a sales rep’s time is actually spent meeting customers and selling
  • 70% of sales reps are overwhelmed by the number of tools
  • 25% average turnover of sales reps. 90% of Leaders struggle to get headcount budget
Solution

Goodmeetings has created an AI-powered Meeting Insights & Automation Platform that records, transcribes and generates AI-powered Human-level notes, action items which are pushed into Email, Slack and CRM. 

They do this by providing accurate transcripts in multiple languages, ensuring no details are missed despite language barriers. Additionally, they eliminate mundane tasks by delivering comprehensive summaries and actionable items with a human-like level of understanding. The system seamlessly integrates with CRM platforms to automatically capture and update relevant data. For real-time assistance, users can employ natural language queries during meetings to receive instant answers and insights.

This empowers the sales reps by improving productivity, eliminating the drudgery of mundane tasks, and enabling them to close more deals faster through actionable insights and real-time assistance. Sales and customer success teams can focus solely on customers during meetings, while the Goodmeetings AI meeting wizard handles the rest.

Market Opportunity
  • Total Addressable Market (TAM) – 9.6 bn USD (2026)
  • Serviceable Available Market (SAM) – 6.2 bn USD (2026

 

 

About the Founders
 

1. Srinivasan Narayan (CEO)

  • Technology and Internet Entrepreneur
  • Ex-Founder and CEO, CohortPlus (acquired by upGrad)
  • MBA from ISB & BTech from NITK

2. Abhijeet Sahoo (Co-Founder)

  • Co-founded a cashback website in college
  • Founded an e-commerce venture
  • Bachelor’s degree in Computer Science from National Institute of Technology Rourkela & Master’s degree from NMIMS

3. Alok Mishra (CTO)

  • Three-time founder. Most recent role: Ex-Co-Founder and CTO at Wesense.ai
  • BE from Manipal Institute of Technology
Details of the round
 

They are raising $2.5 Mn at a valuation of $ 12.5 Mn 

 
Co-Investors – Chiratae Ventures, Carya Venture Partners (top early stage B2B SaaS VC in the US founded by the folks of Observe.ai), Finigent Ventures (SaaS focussed micro VC in the US  
 
The investment in Goodmeetings.ai is open through our SEBI-registered AIF Category 1 VCF Angel FundLead Angels Fund. In case commitments exceed the allocated amount, allotment will be on a “First Come, First Serve” basis.

Additional information

Declaration

As per SEBI regulations, a member of the fund has to make a commitment of INR 25 lakhs to be invested through the Lead Angels Fund over a five-year period and also meet certain net worth criteria.

Investment Scheme

Lead Angels Fund Goodmeeting.ai

Minimum Investment Amount

2.5 Lakhs

Transaction Fee

2% of Investment Amount + GST

Carry

5% of the profits at the time of exit

Investment Documents

  1. Goodmeetings Pitch Deck – Link
  2. Goodmeetings Investor Call Recording – Link
  3. Goodmeetings MIS & Financials – Link
  4. Goodmeetings All documents – Link