Zeda.io, a SaaS firm, has raised $1.2 million in seed funding

Zeda.io, a product management software as a service (SaaS) platform, has received seed funding of $1.2 million (Rs. 8.8 crores).

BEENEXT, Binny Bansal’s 021 Capital, current investors Whiteboard Capital, FirstCheque.vc, and Paradigm Shift Capital invested in the round. The money will go into product development and increasing the company’s personnel in areas including product, engineering, and business.

Zeda.io seeks to simplify and improve product management and the overall quality of products being developed worldwide.

“We are excited to have great investors in our journey, backing our goal of helping product managers around the world be more productive and helping companies be more product focussed.”

Prashant Mahajan, the co-founder

Zeda.io has discovered a significant opportunity to solve the problem that millions of organizations and product managers (PM) are facing due to inefficient tools, according to Hero Choudhary, the Managing Partner at BEENEXT. He went on to say,  “Zeda.io’s innovative and highly scalable product management suite will define and shape the future of how PMs will build products.”

The Zeda.io platform is a comprehensive one-stop-shop for Product Managers that helps them be more strategic and productive by reducing redundancy. The suite will make Product Management procedures easier by combining everything you need to define, manage, and collaborate on products together in one place.

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