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(L to R) Akhil Gupta, Co-founder & CPTO of NoBroker along with Manish Gupta, Director, Google Research India ,discussing on the impact of Conversational AI and its growing clout. NoBroker has partnered with Google Cloud for its ConvoZen.AI SaaS offering
India’s first proptech unicorn, No Broker, is making an ambitious foray into the Conversational AI Cloud industry, which is dominated by seasoned companies like Freshworks, Dialpad, Gupshup, Genesys, and many smaller players in the fray.
Why a Proptech Company Is Playing Out in SaaS?
Today, the company launched an end-to-end Conversational AI cloud designed for monitoring and automating customer conversations called ConvoZen.AI. Leveraging its years of experience in the real estate business and by building its own AI-driven conversational platform, it brings higher efficiencies to its core proptech business, makes an entry into the SaaS market, and serves diverse industries such as BFSI, Education, Healthcare, Automotive, Real Estate, Travel, and Ecommerce. Company sources say that ConvoZen.AI has been rigorously tested across a range of complex use cases both within and outside of NoBroker.com.
NoBroker’s foray into Conversational AI is a logical diversification strategy, leveraging its expertise in handling customer conversations to build a scalable, AI-driven SaaS business. It enables No Broker to tap into new revenue streams and acts as a de-risking strategy, as the real estate business is prone to seasonal headwinds and tailwinds.
It does look like a smart move on the part of No Broker to become a company with a diversified portfolio and chart out strategies aimed at accelerating revenues. But, in a highly evolving and competitive space, how does the company carve out differentiation in the Conversational AI SaaS market?
Value Proposition of ConvoZen
Akhil Gupta, Co-founder & CPTO of NoBroker, gave a back story behind ConvoZen in his presentation: “Speaking to customers is how brand value is created. But as businesses grow, managing customer interactions at scale becomes a challenge. Instead of analyzing just a fraction of conversations, we built an in-house solution to transcribe and analyze all interactions—turning them into machine-readable insights. This shift from manual reviews to AI-driven understanding is how our journey with conversational intelligence began.”
“Our intent with ConvoZen.AI is to simplify and accelerate the adoption of Agentic AI for enterprises seeking to optimize their contact centers and deliver superior customer experiences. This represents the future of intelligent customer engagement,” explains Gupta.
Compared to other players in the fray, ConvoZen.AI’s value proposition comes from its ability to offer multilingual support. AI-driven conversational intelligence aligned with different language personas makes for greater customer engagement and operational efficiency.
The company says the platform was initially developed to address critical operational challenges within its own large-scale customer engagement operations. It offers a complete suite of features, encompassing Voice and Non-Voice Agents in multiple languages like Tamil, Telugu, Kannada, etc., Analytics, Monitoring, Coaching, and Quality Control for large customer-facing teams. The company presented solutions and testimonials from existing clients such as Cars24, LendingKart, LeapScholar, and Tata AIG, demonstrating how ConvoZen.AI has helped them reduce costs, improve sales conversions, ensure compliance, and boost agent efficiency.
With the goal of becoming the leading AI-powered conversation intelligence platform for mid-to-enterprise-level businesses, ConvoZen.AI is is looking at revolutionizing customer engagement through a fully AI-driven workflow, from pre-contact virtual assistants to post-contact analytics.