Three State Ventures, helmed by Binny Bansal, has contributed $1.5 million to the seed round of Nected, a next-generation low-code platform. Endurance Capital, Relentless VC, Climber Capital, Lykke Capital, and Forward Slash Capital were among the participants in the round.
In addition, more than fifteen founders and CXOs took part in the round, including Pallav Pandey from Uolo and Knowlarity, Nitin Gupta from PayU, Tonmoy Shingal from Mettl, Ravi Bhushan from BrightCHAMPS, Akshay Saxena from Avanti Fellows, Puneet Kumar from Supr Daily (which Swiggy acquired), and Prashant Kumar from Unbxd.
The money raised will be utilised to expand operations to accommodate the expanding needs of Nected’s user base, especially those on the global front, as well as to improve product usability and streamline integration.
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Nected, which was founded by Prabhat Gupta and Mukul Bhati, assists companies in overcoming the delays and inefficiencies that come with traditional software development. It functions as a toolkit that offers pre-built tech building blocks, saving businesses time and money by eliminating the need for additional technical skills. Examples of these building blocks include rule engines, workflow automation, and A/B testing tools.
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There are presently more than 20 users of the platform in 5 different countries.
Previous to this, Mukul Bhati co-founded FastFox, a real estate startup, in 2015, which he later sold to Elara Group, the parent company of Housing.com. Prabhat Gupta co-founded TravelTriangle, an online travel marketplace.
About Nected
Nected, a Low-Code/No-Code Rule Engine & Workflow Automation solution, interacts easily with your apps and data to let non-technical teams launch, personalise, and iterate on backend logic-driven customer flows. Releases engineers from tedious jobs. Custom code allows infinite scalability and customisation.
