SUMMARY
The pre-series A2 funding round was led by DMI Alternative Investment Fund - The Sparkle Fund and NIS Ventures Group
Quickwork provides a no-code automation and API integration platform that allows enterprises to automate workflows, publish APIs and manage conversations
Quickwork said the fresh investment will be used to enhance the features of its platform and invest in research and development
Mumbai-based Quickwork has raised $2.5 Mn in its pre-series A2 funding round led by DMI Alternative Investment Fund – The Sparkle Fund and NIS Ventures Group.
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 that allows enterprises to automate workflows, publish APIs and manage conversations.
With an intuitive interface and a wide range of pre-built connectors, Quickwork claims it helps organisations streamline operations and embark on digital transformation seamlessly. The startup claims to have over 1,500 pre-integrated apps on the platform.
In a statement, Quickwork said the fresh investment will be used to enhance the features of its platform and invest in research and development. It also plans to enter new markets, forge strategic partnerships, and scale its operations to cater to the growing demand for no-code automation and API integration solutions.
Quickwork claims its services are used in nearly 145 countries and the startup counts Freshworks, Cipla, and Axis Bank among its customers.
Commenting on the fundraise, Quickwork founder and CEO Dr Milind R Agarwal said, “With the backing of DMI Sparkle Fund and NIS Ventures Group, we are poised to accelerate our product development both around enhancing user experience and hyper scaling our cloud DevOps infrastructure, expand our market presence across the globe, and continue empowering businesses worldwide to harness the power of automation.”
The fundraise comes at a time when SMEs as well as corporates are digitising most of their job functions and banking on automation to boost productivity. As per a recent report, artificial intelligence (AI) and automation will necessitate reskilling and upskilling of 16.2 Mn workers in India by 2027, while also creating 4.7 Mn new tech jobs in the same period.
The rise in demand for automation solutions from enterprises had resulted in an increase in the number of startups in the domain and also funding activity.
In September, Atomicwork raised $11 Mn to help enterprises automate workflows. Prior to that, US-based Cilio Technologies acquired Noida-based end-to-end digital transformation and product development startup AutomationFactory.AI.
