Rohan Paul
@rohanpaul_ai
Reuters: ElevenLabs plans to spend "hundreds of millions of dollars" in India on local teams, model development and Indian-language work
That pledge is large against the roughly $781M the company has raised in total, because its $22B valuation came from a secondary share sale that added no new capital.
India is already ElevenLabs' second-largest enterprise market, and the company wants to pass $100M in Indian revenue while hiring 100 people there.