No-code platform Hubbler has raised a $1.5 million seed round led by LenDenClub Alpha, Artha Venture Fund and Unicorn India Ventures.
The proceeds will be utilised to enter new markets globally, increase its user base and process 10 times higher transactions by 2023, the company said in a press statement.
Founded by Vinay Agrrawal, Hubbler is a SaaS product company that helps enterprises manage, digitize, automate and optimise business processes with ease. It enables the development of customizable digital business applications with simple, user-friendly automation solutions.
Hubbler claims to have 50 enterprise customers, including three unicorns and is committed to increasing it by fivefold by the end of 2023. The platform also says that it handles over a million monthly transactions and has built over 1,000 applications for enterprises and further plans to increase the number of transactions by ten-fold in the next 12 months. Licious, Zivame and LensKart are one of their many clients.
No-code platforms are being preferred by enterprises across the globe as they offer customized solutions. According to market estimates, about two third of overall application development for companies will be done on low or no-code platforms.
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