SaaS platform Zvolv raises $1.5 million from JSW Ventures
- ByTejika Bajaj | November 23, 2021
The enterprise SaaS platform Zvolv stated that it has raised $1.5 million in a funding round led by JSW Ventures. The round also saw participation from Silicon Valley based VC firm, Riso Capital.
The startup aims to utilize the recently infused capital to expand its customer base globally, drive rapid adoption in an increasingly work-from-anywhere environment as well as double down on building out the AI/ML capabilities in the platform.
Commenting about the recent capital infusion in the startup, the Co-founder and CEO of Zvolv, Hardik Gandhi stated, “We are thrilled to partner with JSW Ventures and Riso Capital and have them on board in this exciting journey. More and more enterprises are switching to no-code and low-code development platforms to dramatically increase application delivery speed. Combined with the increased demand for custom applications and data-centric solutions, business and IT teams within enterprises are increasingly turning to Zvolv. We continue our maniacal focus on driving value for customers as we scale globally now.”
Incepted in 2018, Zvolv is an intelligent no-code/low code platform which automates business processes. The platform helps enterprises build workflows and deliver end to end automation of their processes at their speed across retail/CPG, BFSI (banking, financial services and insurance) and engineering and construction industries.
Sachin Tagra, Partner at JSW Ventures, made a statement regarding the recent investment whereby he said, “Zvolv’s intelligent no-code platform is creating immense value for its customers. In this increasingly digital environment, we are seeing accelerated demand for platforms like Zvolv that empower businesses to rapidly design and implement secure applications. We are excited to partner with Zvolv to help in fuelling their growth, product innovation, and expanding the global footprint.”
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