Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Industry News

| More

Inflection Point Ventures backs Connektra.io through its IdeaSchool Program

Posted On: 2025-03-06 19:11:50 (Time Zone: IST)


Connektra.io, a no-code AI agents platform for workflow automation, has raised a seed round led by Inflection Point Ventures (IPV) Ideaschool Program. The funds will be used to accelerate product development, expand the engineering team, and establish a go-to-market (GTM) motion.

Founded in 2024, Connektra.io simplifies enterprise workflow automation and software integrations through AI-powered agents and a no-code, prompt interface. By reducing engineering costs by up to 40%, and enabling digital projects to be completed up to 70% faster compared to traditional integration methods, Connektra.io is addressing the increasing complexity of API and data integrations for businesses worldwide.

The company is led by Ashutosh Sharma (Founder & CEO), a seasoned professional with 12 years of experience in SaaS startups and multinational conglomerates across Asia and Europe. An alumnus of IIFT, New Delhi, Ashutosh brings deep expertise in business strategy and product development to the firm.

Vikram Ramasubramanian, Partner & CIO, Inflection Point Ventures, says, "Enterprise software integration has long been a bottleneck, requiring significant effort, time, and resources. As businesses increasingly adopt AI and automation, there is an urgent need for seamless, cost-effective workflow integration. Connektra.io is tackling this challenge head-on with its AI-driven, no-code platform, enabling enterprises to integrate applications effortlessly while reducing overall costs. Their approach not only accelerates digital transformation & democratizes automation but also addresses a critical gap in the market. At IPV, we back founders who bring scalable solutions to industry-wide problems, and we believe Connektra.io has the potential to redefine enterprise automation globally."

Currently operating out of Gurugram and Bengaluru, Connektra.io is scaling its outreach to large enterprises seeking seamless, AI-powered software integration solutions. The platform's intuitive workflow interface enables a complete no-code experience and allows business users to orchestrate complex workflows effortlessly, making enterprise automation more accessible than ever. The platform offers AI Agents which autonomously interpret and execute integration tasks based on natural language instructions, eliminating the traditional reliance on manual coding, significantly reducing the time in product development, software implementation and overhead costs of API integration experts.

What sets Connektra.io apart is its Agentic AI framework for automation, allowing users to build complex integrations, across hundreds of commonly used enterprise applications like CRMs, ERPs, martech tools, accounting tools etc., which streamlines data workflows and centralises APIs as well as connectors spread across enterprise silos for large enterprises. By offering a familiar chat-based user experience, the platform significantly reduces the reliance on engineering teams, allowing companies to focus on business growth and innovation. The democratization of integration capabilities across business and technical users in companies of all sizes has the potential to unlock unprecedented agility and efficiency in processes, making sure API readiness and development is never a challenge.

"Connektra.io is at the forefront of the paradigm shift happening in the enterprise automation landscape, where software and data integrations are the backbone for all process workflows, and AI augmentation initiatives. We're also getting interest from SaaS companies wanting to embed an AI integration layer into their systems, eliminating months of engineering efforts, costs and accelerating product deployments. By leveraging cutting-edge agentic AI and ML in its architecture, Connektra.io is on a mission to empower organizations to autonomously build, manage and enhance their API Integrations across hundreds of systems, applications and data lakes" said Ashutosh Sharma, Founder and CEO.

The startup has already made strides in the enterprise automation landscape, with early traction in sectors like finance, healthcare, and e-commerce. By delivering cost-efficient, AI-first solutions, Connektra.io is positioning itself as a key player in the B2B SaaS integrations market.

The global integration platforms market is currently valued at $7 billion and is expected to reach $50 billion by 2030, growing at a CAGR of 32%. Key drivers include cloud migration, rapid AI adoption, and increasing API security concerns, making Connektra.io's solution highly relevant in today's enterprise landscape.


Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

NDR InvIT expands its portfolio with acquisition of high-quality warehousing and industrial properties worth INR 7,061 Million

RRP Electronics enters into strategic alliance with US-based Deca Technologies

Inflection Point Ventures Announces Successful Exit from Parablu with 2.2X MoM Return

Tech-First Laundry Startup Revivo Raises undisclosed amount in PreSeed Series A Round Led by Inflection Point Ventures

NaBFID Invests INR 7,450 million in NDR InvIT long-term bonds rated AAA/Stable to propel their portfolio expansion

Sustainable Investment Platform SustVest Raises $1.7 Million in Pre-Series A Round Led by Inflection Point Ventures and Antler

Amansa Investment invests Rs 40 crore private placement in IPO bound Standard Glass Lining Technology

MBG Card Raises ?2.72 Crore Led by IPV to Empower Digital Transformation for SMEs

pi Ventures Leads $2 Million Seed Round in Quanfluence to Advance Quantum Photonics Technology

GreenLine expands green logistics footprint with Exide Industries partnership

HSBC India launches its most prestigious credit card for its Global Private Banking clients

Reliance General Insurance Introduces Comprehensive Coverage with Annual Multi-Trip Rider for Global Travelers

Premium Lingerie Brand MHYTH Raises Angel Funding, achieves Over $1M Valuation Within a month of launch

FinX Raises $6M from Elevar Equity to revolutionise employability in the BFSI Industry

Navanc raises $1M seed funding to revolutionize Secured Lending with AI-Powered Property Score

Shubham Housing Development Finance raises Series F investment of INR 1,000 Crores+ led by Multiples Private Equity

IndiaFirst Life Launches 18 New Agency Branches in Less Than Three Months

Semicon startup Netrasemi raises Rs 10 crore in Pre Series A round from Unicorn India Ventures to build Edge AI

Accor Expands Premium Presence in South India with Pullman Chennai Anna Salai

Varthana Secures USD 15 Million funding from BlueOrchard Microfinance Fund to Transform the Affordable Education Sector in India

SIDBI Opens New Branch in Karnal to Boost MSME Growth in Haryana

Healthcare diagnostics startup Neuranics Raises $700K US Funding in Seed Round Led by Inflection Point Ventures

Homversity raises USD 1 Million in Pre-Series A in participation from Inflection Point Ventures and others

Agnik: The Cutting-Edge Mobile Trading App Revolutionizing Investing & Trading for Everyone by Master Trust

Cactus Partners leads $1.2 million round in ParkMate

WadzPay Secures SGD $50 Million Investment Commitment from GEM

Order For Health raises INR 1 Crore in Seed Series Round led by Inflection Point Ventures

Morgan Stanley Inaugurates State-of-the-Art Office in Mumbai

NSE's consolidated profit in Q2 FY25 up by 57% YoY to Rs 3,137 crores

DRRK Foods Invests ₹20 crores, Set to Expand its Rice Packing Unit Near Mundra

Groww's FY'24 revenue more than doubles to INR 3,145 crore

ThoughtSol's Carbon Footprint Analysis Sparks New Initiatives for Emission Reduction

World Biogas Association INDIA Congress 2024 Set to Unlock India's Biogas Potential

8i Ventures earns 12X return on full exit from M2P Fintech

Lifechart Raises $500K to Scale Full Stack AI-Powered Gut Wellness Solutions

Aniket Metals Pvt Ltd raises INR 550 Million in Private Placement Round from Bharat Value Fund

Alchemyst AI raises $300K in Pre-Seed Round led by Inflection Point Ventures, along with 100Unicorns & Early Seed Ventures

Muthoot FinCorp Ltd announces XVII Tranche II series of NCDs, aims to raise Rs. 250 crore

Millennium Babycares Ltd raises INR 1220 Million in Private Placement Round from Bharat Value Fund

Flyzy To Invest 10 Cr in Tryvisa, aiming to make it the Largest 'Made-In-India' Visa Solutions Provider

Furnishka Raises Rs. 27 Crore in Pre-Series A, bringing the total valuation to Rs. 45 Crore across Two Rounds

Magma HDI launches OneProtect - A Contemporary Personal Accident Insurance for Active Lifestyles

Conscious Chemist announces INR 12 Cr funding from Atomic Capital, welcomes Apoorv Gautam to the Board

ClayCo Cosmetics Raises $2 Million from Unilever Ventures to Scale Operations and Expand Product Portfolio

Icon Facilitators Limited targets Rs. 100 Crore revenue by FY27, Plans IPO to Fuel Growth

DRA Homes Acquires Prestigious Marina Mall Residences on OMR, Chennai

Preparing Future-Ready Talents in Auto Sector

The Health Factory Raises $3.5 Million in Seed funding led by Peak XV's Surge

INDmoney's Indian stock broking platform, INDstocks hits 5,58,720 active investors

Bookmybai raises INR 2 Crore in Pre-Series A CCPS Round led by Inflection Point Ventures


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020