Myntra, Meesho, Cars24 Lean Into Voice AI; Conversions Lift 35%
At Inc42's AI Summit, ElevenLabs, Myntra and Cure leaders flagged voice AI as a retention and conversion lever for Indian retail. Cars24 already runs 400 voice agents, while multilingual support is unlocking tier-2/3 reach. Indian voice AI startups Bolna, Ringg and Gnani.ai are scaling into a $126 Bn AI opportunity by 2030.
What happened
At Inc42's AI Summit, ElevenLabs, Myntra and Cure executives discussed voice AI adoption by Indian retailers including Meesho and Cars24, citing 35% sales
Key facts
- 35% sales conversion improvement
- 400 agents at Cars24
- $126 Bn AI market by 2030
- $1.7 Tn GDP contribution by 2035
Why this matters
Scout early-stage Indian voice AI vendors for acquihire or strategic stake before ElevenLabs-tier incumbents lock up the multilingual retail stack.