The Gurugram, Dubai, and US-based platform aims to deploy the raised funds to build a unified integration platform that will allow enterprises to create custom applications 10x faster, build workflow automations, and sync data between applications in real-time.
The San Francisco and Bengaluru-based platform aims to deploy fresh funds for R&D, with a sharp focus on intelligent automation and AI, and expand into new markets.
With this most recent round of fundraising, Nanonets has now raised USD 40 million in total. The startup had raised USD 10 million in a Series A funding round in 2022.