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ElevenLabs to Deploy Hundreds of Millions Into India as Second-Largest Market

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ElevenLabs CEO Mati Staniszewski announced on October 6 that the voice AI startup will invest hundreds of millions of dollars in India, allocating a double-digit percentage of its nearly $1 billion in total fundraising to the subcontinent. India has emerged as ElevenLabs' second-largest market globally after the United States, now generating a $600 million annual revenue run rate despite being a relatively recent focus area for the company founded in 2022.

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