Crypto Update: Nected Secures $1.5 Million in Seed Funding 🚀
If you’re looking to stay updated on the latest developments in the crypto world, you’ll be interested to know that Nected, a Software-as-a-Service (SaaS) startup, has recently raised $1.5 million in seed funding. Led by Flipkart founder Binny Bansal’s venture fund, Three State Ventures, this funding round also saw the participation of other prominent investors like Endurance Capital, Relentless VC, Climber Capital, Lykke Capital, and Forward Slash Capital. Additionally, several founders and CXOs, including Nitin Gupta from PayU, Pallav Pandey from Uolo and Knowlarity, Archit Gupta from Clear, and others, joined in on the investment.
The Future of Nected: A Look at the Tech Prowess 📈
Nected, founded in 2022, offers a unique platform that bridges the gap between technical and non-technical teams, facilitating faster goal achievement and collaboration. The company’s innovative approach aims to remove barriers and enable businesses to maximize the potential of their data and technology for impactful outcomes. Nected provides a low-code, no-code platform with pre-built tech components that streamline application development, helping companies overcome traditional software development challenges. Currently, the platform is utilized by over 20 customers across five countries, including online pharmacy Tata 1mg.
Scaling Operations and Enhancing Product Usability 🌐
- The recently secured capital will be allocated towards improving product usability, simplifying integration with various technologies, and scaling operations to meet the growing needs of users, especially on the international front.
- Nected aims to enhance its platform to better serve customers and drive impactful results through data and technology utilization.
- Prabhat Gupta, cofounder of Nected, highlighted the platform’s ability to facilitate collaboration and foster innovation within businesses of all sizes.
The Tech Talent Crunch and Nected’s Solution 💡
Despite a vast developer pool worldwide, companies still face challenges related to tech shortages and the need for rapid innovation within budget constraints. Nected’s platform offers a solution to these challenges by providing a seamless development experience with pre-built components, enabling companies to build complex applications efficiently.
Hot Take: Stay Tuned for Nected’s Tech Evolution 📲
As a crypto enthusiast, keeping track of Nected’s journey is crucial in understanding the evolving tech landscape and innovative solutions in the SaaS industry. With its recent funding injection, Nected is poised to revolutionize the way businesses approach application development and data utilization, offering a glimpse into the future of collaborative tech solutions.
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