SaaS platform Zvolv raises $1.5 mn, will use fund to expand business

Zvolv has raised $1.5 million and will use the funds to expand globally and improve its technology, said the enterprise SaaS platform on Monday.

The funding round was led by JSW Ventures, a technology-focused venture capital fund. It had participation from Riso Capital, a Silicon Valley-based VC fund that invests in India-based startups.

“More and more enterprises are switching to no-code and low-code development platforms to dramatically increase application delivery speed. Combined with the increased demand for custom applications and data-centric solutions, business and IT teams within enterprises are increasingly turning to Zvolv,” said Hardik Gandhi, co-founder and chief executive officer of the company