Nected Secures $1.5 Million Seed Funding Led by Binny Bansal’s Three State Ventures

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Nected, an innovative low-code platform designed to streamline software development, has successfully raised $1.5 million in its seed funding round. The investment was spearheaded by Binny Bansal’s Three State Ventures, with additional participation from prominent venture capital firms such as Endurance Capital, Relentless VC, Climber Capital, Lykke Capital, and Forward Slash Capital.

The funding round also attracted over 15 influential founders and CXOs, including Nitin Gupta from PayU, Pallav Pandey from Uolo and Knowlarity, Archit Gupta from Clear, Tonmoy Shingal from Mettl, Ravi Bhushan from BrightCHAMPS, Akshay Saxena from Avanti Fellows, Puneet Kumar from Supr Daily (acquired by Swiggy), and Prashant Kumar from Unbxd.

The capital raised will be allocated towards enhancing Nected’s product usability, simplifying integration processes, and scaling operations to accommodate the growing international demand. Founded by Prabhat Gupta and Mukul Bhati, Nected aims to address the inefficiencies and delays inherent in traditional software development by offering a toolkit equipped with pre-built technology building blocks. These include rule engines, workflow automation, and A/B testing tools, enabling businesses to save time, reduce costs, and minimize the need for extensive technical expertise.

Currently, Nected serves over 20 customers across five countries. Before launching Nected, Prabhat Gupta co-founded TravelTriangle, an online travel marketplace, while Mukul Bhati co-founded FastFox, a real estate company sold to Elara Group (the parent company of Housing.com) in 2019.

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