Product management super-app Zeda.io has raised 6 million in its pre-Series-A funding round from existing investors BEENEXT, Paradigm Shift Capital, Goenka family group-led Radiant SFO, and other angel investors.
The startup plans to use the funds for business expansion in North America and Europe, as well as recruiting in the product, engineering and business sectors.
The Bengaluru-based Zeda.io was founded in 2021 by Prashant Mahajan and Vaibhav Devpura, It aims to simplify the complexities involved in product management – a key role for almost every company in the world.
“We are truly excited to go live with our product and unlock innovation among companies and PMs by simplifying product management. The funds will help us scale as well as accelerate our growth plans as we move to the next phase. We are grateful for the support of our repeat and new investors as we work together on Zeda.io’sion of redefining ad simplifying product management,” said, Prashant Mahajan, founder, Zeda.io.
Zeda announced that it has launched its live platform globally and currently has customers in India, Europe, North America, Southeast Asia and the Middle East.
The startup claims that it leveraged a unique build-with-community approach by engaging over 6000 product managers to receive regular feedback and suggestions, thereby creating a market-ready and timely product for users globally.
“Zeda.io is working closely with the community in building and refining its product since very early days. The team has identified the pain points of PMs around the world and succeeded in building a truly unique global product. We are excited to be on the company’s journey from day zero and look forward to watching the team achieve more milestones,” said, Hero Choudhary, managing partner, BEENEXT.
In January this year, Zeda.io had raised $1.2 million in seed funding round from BEENEXT, 021 Capital, Whiteboard Capital, FirstCheque.vc, and Paradigm Shift Capital.
Zeda.io makes product management simpler and smarter.
They believe that to build great products, users need a central hub where their team can collaborate with each other in real-time. Zeda.io helps them to define their roadmap, manage features, create wireframes, define persona, releases, user flows, and more all from a single place. It is the simplest way to get rid of chaos in product management.
They are working towards a future where the science and art of Product Management can be divided between Product Managers and Artificial Intelligence, enabling Product Managers to build the right products without operational work.