Pune-headquartered workflow automation startup Zestl Software has raised an undisclosed sum in a pre-series A funding round from investors including Lead Angels, Eagle10 Ventures and Contrarian Vriddhi Fund.
The round also received contribution from other investors such as Gemba Capital, Genesis IT Innovations, Omphalos Ventures, former E&Y India national director Sunil Chandiramani and former Rothschild India managing director Sanjay Bhandarkar.
The startup plans to use the latest funding to expand its sales and marketing teams and continue to enhance the product. It also plans a full launch in the United States in the next six months.
Founded in 2015, by a Stanford alumnus Hardik Gandhi, Zestl has its flagship workflow platform, Zvolv, which is artificial intelligence (AI) driven and helps enterprises transform their operations by building intelligent, collaborative and built for mobile enterprise applications.
Hardik had earlier worked with Apple and Texas Instruments in the Bay Area.
The startup claims that Zvolv has garnered more than 25 clients including leading global quick service restaurant chains such as Domino’s Pizza, India’s largest retailers and fast-moving consumer goods makers, Future Group and other services and manufacturing companies. Zvolv automates and adds structure to chaotic people or data-centric collaboration processes, helps drive organisational efficiency and speeds up time to market.
“Existing SaaS (software as a service) collaboration solutions fail to automate enterprise processes end to end. The gaps end up killing user adoption and as a result RoI (return on investment). Zvolv gives users applications that are highly customized to specific business processes” said Prashant Pansare, co-founder, Eagle10 Ventures.
Source – Economic Times