Pune, India (February 29, 2024)** – Zvolv, a leading provider of low-code/no-code (LCNC) automation solutions, has secured $2 million (INR 16 Cr) in a strategic funding round led by venture capital firm Silverneedle Ventures. Existing investor JSW Ventures also participated in the round, demonstrating continued confidence in Zvolv’s vision to revolutionize enterprise automation.
This significant investment marks a pivotal moment for Zvolv, allowing them to accelerate their mission of empowering businesses of all sizes with the power of automation. The fresh capital will be strategically deployed across three key areas:
- Enhancing LCNC capabilities with Generative AI (GenAI): Zvolv plans to ramp up the integration of GenAI tools within their platform. This cutting-edge technology will enable users to automate tasks with greater flexibility and efficiency, further simplifying the automation process for non-technical individuals within enterprises.
- Shoring Up Tech Stack for Scalability and Innovation: The funding will also be used to bolster Zvolv’s existing tech stack, ensuring their platform remains robust and scalable as their user base continues to grow. This includes investments in infrastructure, security, and performance optimization.
- US Expansion Through Strategic Partnerships: Zvolv is committed to expanding its reach beyond the Indian market and establishing a strong presence in the US. The company plans to leverage the funding to establish strategic partnerships with resellers and potentially set up a direct presence in the US, allowing them to cater to the growing demand for LCNC solutions in the world’s largest economy.
Empowering Businesses with User-Friendly Automation
Founded in 2018 by Hardik Gandhi and Sujoy Chakravarty, Zvolv’s vision is to democratize automation by making it accessible to businesses of all sizes, regardless of their technical expertise. Their intuitive LCNC platform empowers users to:
- Automate repetitive tasks: Eliminate manual workflows and streamline processes, freeing up valuable time for employees to focus on more strategic initiatives.
- Improve accuracy and efficiency: Reduce human error and enhance operational efficiency through automated workflows.
- Boost productivity: By automating time-consuming tasks, Zvolv empowers organizations to achieve more with their existing resources.
Zvolv’s Impact on the Enterprise Automation Landscape
The rise of LCNC platforms like Zvolv is transforming the enterprise automation landscape by making automation accessible to a wider range of businesses. This shift is expected to significantly accelerate the adoption of automation solutions, leading to increased productivity, efficiency, and cost savings for organizations across various industries.
Zvolv’s successful funding round and their commitment to continuous innovation position them as a leading player in the LCNC space. With their user-friendly platform and strategic vision, Zvolv is poised to empower businesses of all sizes to unlock the full potential of automation and drive transformative growth.
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