Parallel Loop Raises $6.6M in Seed Funding Led by 3one4 Capital
Enterprise AI startup Parallel Loop has raised $6.6 million in a seed funding round led by 3one4 Capital.
The round also included participation from Picus Capital, Flourish Ventures, Economic Development Innovations Singapore and several angel investors, including Paytm founder Vijay Shekhar Sharma and CRED founder Kunal Shah.
Founded in 2026 by Prateek Jogani and Yujun Chean, Parallel Loop helps businesses bring AI into their existing systems and daily operations. The company works with enterprises to develop AI-powered applications, automate repetitive tasks and upgrade older technology systems.
The startup will use the funding to expand its team, strengthen its market presence and grow its operations in international markets. It already works with enterprise clients, including Licious and Havells, as it looks to help more businesses adopt AI in their workflows.
