Elevation Capital led the round, with participation from founders and angel investors.
The business intends to grow its platform to accommodate over 5,000 applications, improve the capabilities of generative AI, and construct agents powered by massive language models. UnifyApps is a uniform integration platform that helps organizations optimize their operations by allowing the speedier construction of custom applications, automating complex workflows, and syncing data between applications in real-time.
UnifyApps, a software integration firm, raised $11 million (INR 91.5 crore) in a seed investment round headed by Elevation Capital, with participation from a number of entrepreneurs and angel investors.
The startup has secured funds to build a universal integration platform that allows businesses to create custom applications 10 times faster, automate workflows, and sync data between systems in real time.
It intends to grow its platform to accommodate more than 5,000 applications, improve the capabilities of generative AI, and create agents powered by massive language models.
Furthermore, it employs powerful generative AI to create customized LLM-powered agents for optimal integration.
UnifyApps’ platform helps client organizations integrate and streamline their numerous software tools, allowing them to create their own apps much faster than before.
According to Pavitar Singh, CEO of UnifyApps, “The rapid adoption of SaaS applications has resulted in the formation of silos within the organization, with each team using their own set of tools that are not connected to the rest of the organization.” Our objective is to change this by making integration simple and accessible, hence improving experiences for both customers and staff.”
According to the company, its solutions provide consumers with a higher return on investment and a reduced total cost of ownership. Currently, it is focusing on huge corporations worldwide.
Looking ahead, the company intends to expand its platform to handle over 5,000 applications and allow businesses to create their own unique connections in less than a day.
Meanwhile, in the corporate technology space, Ramoji Group’s food manufacturing subsidiary Ushodaya Enterprises announced an undisclosed “strategic” investment in Kochi-based cloud hosting solutions provider FlexiCloud Internet.
According to a new report by SPER market research, the India cloud computing market is expected to reach $35.15 billion by 2033, with a CAGR of 18.54%.
It is important to note that this sector is dominated by tech behemoths like Google and Amazon. Both companies have been strengthening their footprint in the Indian market. For example, Amazon Web Services (AWS) has declared plans to invest $12.7 billion in the country by 2030.
