Preventing Sales Funnel Drop-Offs & Drive Higher Conversions Across Fintech, Banking, Lending & Insurance
Bangalore-based startup RevRag.AI is redefining enterprise revenue management with the launch of its AI-powered onboarding agent. Designed to enhance customer engagement and minimize sales funnel drop-offs, Sophie an AI Onboarding Agent caters specifically to the fintech, banking, lending & insurance sectors, where abandoned onboarding processes are a major challenge due to KYC & multi step information collection. By leveraging AI-driven automation, RevRag.AI is helping businesses recover lost conversions and drive higher revenue growth.
Sales funnel drop-offs represent a significant revenue loss for enterprises, especially in industries where customer acquisition costs are high. AI Onboarding Agent addresses this issue by offering real-time AI assistance, proactive engagement, and personalized follow-ups via multiple communication channels -- including AI voice calls, emails, chat, and WhatsApp. Unlike human teams that may face inefficiencies in response times, it ensures every lead is nurtured, eliminating gaps in customer interaction.
"Enterprises lose substantial revenue due to user drop-offs during onboarding and sales cycles. Our AI Agents actively engage with potential customers across multiple touchpoints, ensuring timely assistance, reminders and follow-ups. This not only increases conversions but also enhances the overall customer experience," said Ashutosh Singh, Co-founder and CEO of RevRag.AI.
AI Onboarding Agent is part of RevRag.AI's broader suite of AI agents, each tailored for high-volume enterprises with enterprise-grade security. Emma, the company's first AI Sales Agent, initially focused on automating B2B cold email outreach. However, customer feedback and market demand led to the evolution of AI-driven voice interactions, expanding RevRag.AI's capabilities into AI Calling, Chat, and WhatsApp engagement leading to cater Enterprises with high customer volume.
"Our vision has always been to assist revenue teams, not replace them. By integrating AI Agents into revenue operations, we empower businesses to focus on high-value interactions while automating repetitive tasks. With AI-enabled multi-channel orchestration, we are bridging the gap between enterprises and their customers, ensuring that no high-intent prospect is lost due to inefficient follow-ups," explained Pankaj Gupta, Co-founder and CTO of RevRag.AI.
RevRag.AI's AI Agents are designed for enterprises which want to improve customer experience with multi-channel touch point AI-Agents rather than traditional human contact centres. This strategic focus aligns with the growing demand for personalized, data-driven customer engagement in fintech, banking, lending, and insurance where revenue cycles heavily depend on timely communication. For instance, many users abandon personal loan applications midway. AI Onboarding Agent intervenes by guiding & assisting them at every stage, validating their information, pre-filling forms to reduce manual input, and following up persistently to drive completion.
The company has garnered significant industry attention and investor backing, further validating its approach. RevRag.AI is supported by Powerhouse Ventures, Kunal Shah (Founder of Cred), Viral Bajaria & Premal Shah (Co-founder of 6sense), Deepak Anchala (Founder of Slintel), Vetri Vellore (Founder of Rhythms), and over 15 other prominent investors. This robust support network, combined with RevRag.AI's commitment to innovation, positions the company as a frontrunner in AI-driven revenue acceleration.
"Customer acquisition and retention are evolving rapidly, and enterprises need agile solutions to stay ahead with AI taking the front row. RevRag.AI is driving this transformation by equipping revenue teams with AI-Agents that directly impact conversion rates. With our technology, businesses can ensure that no potential customer is lost due to inefficient engagement strategies," said Neeraj Gupta, Co-founder and CPO of RevRag.ai.
As RevRag.AI expands its AI solutions, it remains focused on helping fintech, banking, lending and insurance businesses improve customer engagement and prevent sales funnel drop-offs. By ensuring that every customer receives timely, personalized interactions across multiple channels, the company is redefining revenue optimization in the digital era.
