- ByStartup Story | August 19, 2022
On August 18, 2022, Zeda.ioa super product management app, revealed that it raised $1.6 million in a pre-Series A round from a number of reputable angel investors in addition to its current BEENEXT investors, Paradigm Shift Capital and Radiant SFO, led by the Goenka family group.
Bangalore-based startup Zeda.io plans to expand its market presence and increase the size of the team with new funds raised, over the next few months as the money raised will be used for l hiring in product, engineering and business teams as well as for business expansion in North America and Europe.
Similar to the Figma and GitHub developer communities for designers and developers, Zeda.io also intends to help PMs showcase their work and learn from others’ work, making product management open source for developers. side projects and personal use.
More than 30 companies from India, USA, Indonesia, Australia, Singapore and other countries are active on Zeda.io. To name a few, its customers include KlearNow (India), Nimble Wireless, Winter (US), KoinWorks (Indonesia), Sprinque (Netherlands), Cars24 and KoinWorks. In January 2022, BEENEXT, Binny Bansal’s 021 Capital, Whiteboard Capital, FirstCheque.vc and Paradigm Shift Capital led a $1.2 million seed round for Zeda.io.
Prashant Mahajan, Founder, Zeda.io. “We are really excited to launch our product and unlock innovation among businesses and project managers by simplifying product management. The funds will help us scale and accelerate our growth plans as we move into the next phase. This achievement would not be possible without the support of the fantastic community of over 6,000 PM that we have built with our core team. We are grateful for the support of our old and new investors as we work together on Zeda.io’s vision to redefine and simplify product management.
“Zeda.io has been working closely with the community to create and refine its product from the very beginning. The team identified pain points in PMs around the world and managed to create a truly unique global product. We are excited to been a part of the company’s journey since day zero and we look forward to seeing the team achieve further milestones.” said Hero Choudhary, Managing Partner at BEENEXT.
Additionally, the Senior Product Manager at Sprinque mentioned “With Zeda.io, all of our stakeholders are on the same page. It’s the perfect tool for product managers to align their team with the company’s vision.”
Zeda.io was established in 2021 by Prashant Mahajan and Vaibhav Devpura, two entrepreneurs and former product managers who have built and scaled several products. The company brings together all the components necessary to create fantastic products in a more organized, collaborative and productive way. , the company’s comprehensive one-stop product management suite aims to streamline procedures and reduce redundancy.
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