Enterprise SaaS platform Zvolv has announced that it has raised $ 1.5 million in JSW Ventures led funding round.
According to a statement VC fund Riso Capital also participated in the latest round. It added, “Zvolv plans to use the funds to expand its customer base globally, drive rapid adoption in an increasingly work-from-anywhere world, as well as double down building out the AI/ML capabilities in the platform.”
Speaking on the announcement, Co-founder and CEO, Zvolv, Hardik Gandhi, said, “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. We continue our maniacal focus on driving value for customers as we scale globally now.”
Sachin Tagra, Partner, JSW Ventures, added, “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.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.