Funding updates

Zeda.io raises $450K

The US and Bengaluru-based technology startup Zeda.io that has developed a solution to manage a product lifecycle. On Wednesday said it has raised $450,000 in a pre-seed round from multiple VC funds, including Whiteboard Capital, Paradigm Shift Capital and Firstcheque.vc, and several angel investors. According to company, new fundings will be used for product development and hiring. Zeda.io plans to hire across roles such as design, marketing, sales, and engineering.

Prashant, Co-founder and CEO of Zeda.io believe that effective communication and collaboration are the keys to product management success. During his stints at different companies, he faced challenging times as there was the juggling of various tools to manage the entire product development process. This was the genesis for starting Zeda.io. The startup has developed a platform where various teams could define, collaborate and manage their products development with different stakeholders. Vaibhav Devpura, Co-founder, Zeda.io, said the platform will also help the entire product organisation since it provides a holistic view of the product rather than just project management tickets, thus helping better understand the who, why and what of a product.

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