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Airavat Raises $165K to Build a Telegram-Based Crypto ChatBot

Airavat is one step closer to releasing an AI-powered Crypto chatbot on Telegram after successfully raising $165K in its pre-seed round.

Airavat, a powerful chat-based interface for basic and complex crypto activities, has finalized its strategy for improving and simplifying its chatbot services. This time, the platform is launching a crypto chatbot on Telegram to assist users with simple and difficult tasks alike across CeFi and DeFi..

Airavat has been a bootstrapped startup. The primary goal of this operating strategy is to jumpstart its plans to establish a:

  • Airavat, a Telegram-based AI-powered crypto chatbot
  • YieldWallet, a company that offers staking as a service.
  • And Indra Capital Finance, a Delta-neutral DeFi vault service

To further focus on creating what it calls “the best chat-based crypto experience there is,” the platform has merged its Validator (Yieldwallet) and DeFi vault (Indracapital finance) roadmaps under the Airavat product. 

Airavat’s founder/CEO, Gautam Sampathkumar, also stated in the funding event:

 ‘These funds will help us put forth a compelling 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’

Airavat Chatbot: The Vision

As the development phase of Airavat progresses, the platform’s goals and objectives for the chatbot are becoming increasingly apparent. Swaps, staking, borrowing/lending, and bridging across coins, networks, and platforms are all part of Airavat’s grand plan.

With its easy-to-use chat interface, Airavat aims to become a major aggregator of CeFi and DeFi liquidity (CEXes, DEXes, Staking, NFTs, Borrow/Lend).

Moreover, users can do cross-network and cross-platform operations seamlessly, generally in under 30 seconds. This will be achieved through the platform connecting and providing liquidity across all the blockchains, networks, and other supported platforms.

As Airavat proceeds to the next phase in its roadmap, we can expect the platform to release the first version of the crypto chatbot to the market. For funding this crypto chatbot in its development, Airavat will also be using the $90K in grants Airavat received earlier from Polygon Network (MATIC), Harmony (ONE), and Mina.

Stay tuned for more updates! Contact: Twitter | Telegram | Facebook

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