Quickwork, a Mumbai, India-based no-code automation and API integration platform, secured $2.5 million in pre-Series A2 funding.
SaaS Investors
The funding round was led by DMI Alternative Investment Fund - The Sparkle Fund and NIS Ventures Group.
The Sparkle Fund by DMI Alternatives was set up in 2017 to participate in investment opportunities in India’s rapidly growing digital finance ecosystem. DMI Alternative Investment Fund - The Sparkle Fund is a new-age Alternative Investment Fund that seeks out opportunities to back entrepreneurs who have incredible ideas, with appropriate funding.
NIS Ventures Group is an investment firm based in India.
Quickwork Use of Funds
The funds will be utilized to enhance the platform's features, invest in research and development, strengthen customer success and support services, expand market presence globally, forge strategic partnerships, and scale operations to meet the growing demand for no-code automation and API integration solutions.
About Quickwork
Founded in 2015 by Deepak Arjan Bhatia, Dr Milind R Agarwal, Krish Advani, and Omkar Sathe, Quickwork provides a no-code automation and API integration platform, designed to make automation easy, allowing teams of all sizes to build simple or complex workflows quickly. It combines a drag-and-drop user interface with the ability to make instant changes to live workflows, within a secure and compliant environment. Quickwork's no-code automation platform allows businesses to automate workflows, integrate applications, and enhance productivity without requiring extensive technical knowledge. It counts Freshworks, Cipla, and Axis Bank among its customers.
Funding Details
Company: Quickwork Technologies Private Limited
Raised: $2.5M
Round: Pre-Series A2
Funding Month: November 2023
Lead Investors: DMI Alternative Investment Fund - The Sparkle Fund and NIS Ventures Group
Additional Investors:
Company Website: https://www.quickwork.co/
Software Category: API Integration and Automation Platform
Source: https://startup.outlookindia.com/sector/saas/quickwork-raises-2-5-million-in-funding-round-led-by-dmi-sparkle-fund-news-9835