Enterprise
Zvolv
Fund
Fund II
Status
Active
Headquarters
Pune
Founded In
2016
Partnered In
2021
About the company
Zvolv is an intelligent process automation platform that enables rapid business process innovation and operational excellence through smart, customizable applications—delivered in days. It empowers planning, execution, and operations teams to harness the power of Intelligent Automation by accelerating insights, shortening execution timelines, and automating data-driven workflows. Zvolv applications drive innovation and efficiency 10x faster and 100x more cost-effectively than traditional alternatives. The platform is currently servicing 26 active customers and has seen rapid adoption among large enterprises such as the Tata Group, Aditya Birla Group, Accenture, KPMG, Dominos, and Swiggy.
Why we invested
The low-code business process management (BPM) market is experiencing rapid growth, driven by the need for enterprises to automate and streamline operations. Globally, this sector is expanding at a CAGR of 23%, projected in 2023 to reach $20.8 billion, while in India, it is expected to grow to $842 million. With enterprises spending $575 billion annually on inefficient tasks, the demand for intelligent automation platforms like Zvolv is on the rise. The platform addresses inefficiencies by enabling mid-market enterprises to rapidly build custom apps without heavy reliance on IT teams, making it a key player in this expanding market.
Zvolv solves a pressing problem for mid-sized businesses (revenues of $10–$300 million) that struggle with fragmented, manual processes. Its low-code, drag-and-drop interface allows companies to quickly develop and automate workflows, reducing administrative overhead. The platform offers AI-powered automation, real-time analytics, and seamless integrations with tools like Slack, Tableau, SAP, and Salesforce, making it highly extensible and adaptable. Its customer base includes digital-first companies, conglomerates, and international giants validating its product-market fit.
Founded by Hardik Gandhi and Sujoy Chakravarty, Zvolv’s leadership brings a strong pedigree of experience from companies like Apple, Texas Instruments, and Synopsis Inc. Their expertise in product innovation and technology makes Zvolv well-positioned for global expansion.
We invested in Zvolv as it aligns with our thesis of backing scalable, tech-driven SaaS platforms with global potential. With a robust product, proven market fit, and a visionary founding team, Zvolv is poised for significant growth in the automation space.