Parallel Loop Raises $6.6 Mn To Integrate AI Into Enterprise Workflows

Enterprise AI startup Parallel Loop has raised $6.6 Mn (about ₹63.1 Cr) in a seed funding round led by 3one4 Capital, with participation from Picus Capital, Flourish Ventures, and Economic Development Innovations Singapore. Paytm founder Vijay Shekhar Sharma, CRED founder Kunal Shah, and former Singapore Economic Development Board chairman Philip Yeo also participated in the round, among others. The startup plans to use the capital to strengthen its go-to-market strategy, expand its team, and sc