ElevenLabs generated over $330 million in annual recurring revenue in 2025. India is the second-largest enterprise revenue market globally.
Flush with funds, the startup - formerly known as Vance - plans to enter the US market in July and expand to Canada, Australia and Singapore by year-end
The Palo Alto-headquartered firm's Bengaluru facility will be the center of operations for India, and will house finance, sales, R&D, and business operation functions.
Effective immediately, E1+ will be available at a reduced price of Rs 89,999 (ex-showroom price) and the offer is valid till March 31, 2024
In a 40-minute welcome note, Singh asked founders to have clarity on product propositions and how they should have a multi-decade mindset, build defensible moats, and should prioritise solving problems over money