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Funding

Nected secures $1.5M seed funding to enhance low-code, no-code platform

Nected, a low-code, no-code SaaS startup, has secured $1.5 million in seed funding led by Binny Bansal’s Three State Ventures.

Investors include Endurance Capital, Relentless VC, and several prominent founders and CXOs. Co-founders Prabhat Gupta and Mukul Bhati aim to transform software development by enabling seamless collaboration between technical and non-technical teams.

Their platform offers pre-built tech components, fostering rapid application development and iteration, reducing costs, and accelerating innovation.

The funding will enhance product usability, integration, and international operations, with plans to incorporate AI-powered features. Nected’s platform is designed to automate repetitive tasks, freeing tech resources and enabling faster innovation.

Other news

Swiggy launches Green Dot Awards, celebrating top vegetarian restaurants and dishes

Swiggy has launched the Green Dot Awards to honour top restaurants serving vegetarian dishes across India.

Nine of the top 10 most ordered dishes on Swiggy are vegetarian, with Masala Dosa, Paneer Butter Masala, and Margherita Pizza among the favourites.

Bengaluru leads in vegetarian orders, with one in three coming from the city, followed by Mumbai and Hyderabad. Breakfast sees the highest vegetarian orders, dominated by dishes like Masala Dosa and Idli. Margherita Pizza is the top snack.

Swiggy said vegan orders have surged by 146% in the last year. The awards cover 80+ cities, featuring 9000+ brands and 60+ categories, celebrating the popularity of vegetarian food.

Sokudo Electric to open 100 flagship stores across India by 2024

Sokudo Electric India plans to open 100 flagship stores across India by December 2024, focusing on Delhi, Uttar Pradesh, and Maharashtra.

The stores, managed by distributor Anubhuti Electric, will range from 1,500 to over 2,000 sq ft and are expected to contribute 60% of sales. The expansion aims to capture 5% of India’s electric two-wheeler market.

“Our new Sokudo flagship stores are a part of our long-term expansion plan through which we intend to boost our market presence. I am hopeful our strategic move will help us strengthen our market footing and allow us to help more consumers access high-quality electric scooters at an affordable price,” Prashant Vashishtha, CMD of Sokudo Electric India, said.

(This article will be updated with the latest news throughout the day.)