VC Fund Investments
Low code platform Nected raises $1.5 M led by Three State Ventures
Gurugram-based low code and no code platform Nected has raised USD 1.5 Million (INR 12.4 crore) in a seed round led by Binny Bansal promoted Three State Ventures. The round saw participation from Endurance Capital, Relentless VC, Climber Capital, Lykke Capital and Forward Slash Capital. Additionally, over 15 founders and CXOs participated in the round including Nitin Gupta from PayU, Pallav Pandey from Uolo and Knowlarity, Archit Gupta from Clear, Tonmoy Shingal from Mettl, Ravi Bhushan from BrightChamps, Akshay Saxena from Avanti Fellows, Puneet Kumar from Supr Daily (acquired by Swiggy), and Prashant Kumar from Unbxd.Co-founded in 2022 by Prabhat Gupta, Nected offers pre-built tech components such as rule engines, workflow automation and A/B testing tools. The platform claims to have over 20 customers across five countries, including Tata 1mg.It will deploy the new funds to boost product usability, simplify integration with various technologies, scale operations and also aims to invest in research and development to integrate AI-powered features into its existing building blocks.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
