India’s Market Breadth is Striking: ElevenLabs’s CEO Mati Staniszewski on Fresh Investments

Shubham Kumar
2 Min Read
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ElevenLabs CEO Mati Staniszewski is upbeat about India as his firm plans to invest hundreds of millions of dollars in local voice AI infrastructure. Staniszewski informed that ElevenLabs will invest in India to build regional engineering teams, train multi-lingual voice models, and pursue strategic acquisitions. The CEO revealed the expansion strategy during an interview on Tuesday.

“We are open to acquisitions,” confirms ElevenLabs CEO Mati Staniszewski

Furthermore, Staniszewski emphasized that India serves as a primary pillar for global AI expansion. The Nvidia-backed voice startup doubled its market valuation to $22 billion in September 2026.

Additionally, global tech giants like Amazon, Microsoft, and Google are committing billions to local cloud infrastructure. Meanwhile, ElevenLabs actively evaluates domestic tech startups to accelerate its engineering footprint across key hubs.

Executive LeaderOfficial Statement & Strategic Roadmap
Mati Staniszewski (CEO)“Investing hundreds of millions to build local models, teams, and acquisitions.”
Karthik Rajaram (Country Leader)“The sheer breadth and complexity of the market drive our regional focus.”
Enterprise Reach100 million annual AI conversations across 14 Indian languages
Public Sector DeploymentStrategic partnership with Karnataka state government for citizen services

“Over 250 enterprises rely on our voice agents,” notes Country Leader Karthik Rajaram

Consequently, India Country Leader Karthik Rajaram reinforced the massive scale of enterprise adoption across the country. Major domestic brands, including Physicswallah, Havells, and Razorpay, actively deploy ElevenLabs’ AI platform.

Therefore, the executive team partnered with the Karnataka state government to deploy voice tools. This public sector initiative delivers accessible citizen services and AI-powered voice restoration for speech-impaired citizens. Thus, as ElevenLabs to scales up India investment, major backers like Andreessen Horowitz and Goldman Sachs continue funding its global voice technology expansion.

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Shubham Kumar is a dedicated journalist and reporter specializing in the infrastructure sector at InfraInsiders. With a strong academic foundation in journalism, a robust background in digital content research for top-tier creators, and a deep-seated passion for urban development, Shubham covers critical sectors driving India's growth.

Core Beat & Reporting Areas

  • Real Estate: Market trends, housing policies, commercial developments, and urban housing dynamics.
  • Railways & Metros: Expansion projects, modernization initiatives, high-speed rail developments, and urban mass rapid transit systems.
  • Infrastructure: Large-scale public works, policy shifts, logistics corridors, and capital investments shaping the country's physical landscape. Professional Experience.

Reporter | InfraInsiders (Current) Reporting on real estate, railways, metro, and broader infrastructure developments. Content Researcher | Leading YouTubers and Instagram Influencers (Previous) Conducted in-depth research, fact-checking, and trend analysis to support high-impact digital video content and social media campaigns for prominent creators. Education Bachelor of Arts in Journalism and Mass Communication (BJMC) Institution: Indira Gandhi National Open University (IGNOU) Focus: Equipped with core media principles, news reporting ethics, digital media production, and broadcast communication.

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