Chennai-based mobile app builder Vajro has raised $8.5 million in a Series A round from Kansas City-based growth equity firm Five Elms Capital.
The fresh capital will be used to advance its next-generation no-code/low-code m-commerce platform with enhanced features and flexibility and to build integrations with other e-commerce platforms.
Founded in 2018 by Baskar, Niwin Santhosh and Raghuraman Ramamurthy, Vajro has close to 150 employees.
It is currently aligned to the ecommerce industry, enabling online stores to build native mobile apps in under 60 minutes, without writing a single line of code.
It is the first mobile app builder to launch live video commerce features from the mobile app and is currently the only one that offers this feature on Shopify, said the company in a press release.