Blockchain Infra Automation Platform Zeeve Raises $2.65 Mn In Seed Round

Zeeve, a no-code infrastructure automation platform, has raised $2.65 million in a seed round from Leo Capital and Blu Ventures. The funds raised from the current round will be used to bolster product development, augment the tech team and enhance the firm's reach among DApp developers and global corporations.

Zeeve's solution supports most of the major public protocols, including Bitcoin, Ethereum, Polygon, Binance Smart Chain, Tron, Avalanche, Fantom, etc. and permissioned protocols, including Hyperledger Fabric, R3 Corda, Fluree, and Hyperledger Sawtooth.

Founded in 2021 by a serial entrepreneur and tech evangelist, Ravi Chamria, along with his co-founders Ghan Vashistha and Sankalp Sharma, Zeeve has since been at the forefront of building easy-to-deploy web3 infrastructure, with more than 10,000 developers, Blockchain and enterprises trusting Zeeve for their critical web3 infrastructure.

Ravi Chamria, CEO, Zeeve said, “The Internet has come a long way, from the simple web pages of web1.0 to the decentralized web3.0. Lots of exciting innovations have happened in the web3.0 space like DeFi, NFTs, Decentralized Insurance, Prediction Markets, etc. We should expect to see a lot more innovation over the next five years, revolutionising how we use the internet. With further advancements in blockchain technology, we may soon see web3 utilized for everything from online commerce to voting and governance.”

According to Harvard Business Review, Web3 is being touted as the future of the internet. Web3 has the ability to make the internet more relevant to everyone. New businesses may use Web3 infrastructure to form communities around their brands and product ideas far more readily than in prior web iterations. Even existing platforms may take advantage of such opportunities by connecting to blockchain-based content networks and giving their consumers some control over their data. All of this implies that the coming era of the web will certainly look quite different — and far more open — than the one we have now.

“Web3 infrastructure is complex and there is a dire need to bring in the DevOps tools and platforms in the Blockchain space to drive enterprise adoption of Blockchain” says Dinesh Singh, Partner, Leo Capital.

Zeeve’s enterprise-grade platform allows developers and enterprises to deploy nodes on any blockchain on any cloud in a matter of minutes.

“In this new era of the internet, like Zeeve play a pivotal part in making it easy for enterprises and Blockchain to deploy blockchain nodes and consume APIs to connect with Blockchains. Zeeve's offering helps DevOps teams ease their operational, security, and performance challenges while deploying and managing Blockchain nodes and networks”, says Tarun Upaday, Partner, Blu Ventures.

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

RECENT NEWS

Titi Coles Legacy In Finance: Pioneering Diversity And Leadership

Titi Cole, one of the most senior Black women in the world of finance, recently exited her high-profile role at Citi. He... Read more

Rising Rates, Rising Challenges: Bankers Adapt To Serve Troubled Companies In A Changing Economic Landscape

As interest rates climb, troubled companies are facing heightened financial pressures, prompting them to seek assistance... Read more

The Elusive Nature Of Fraud Detection: Exploring The Auditor's Dilemma

In the intricate world of financial reporting, auditors serve as guardians of integrity, tasked with uncovering discrepa... Read more

The Battle For Depositors: US Lenders Ramp Up Efforts Amidst Rate Uncertainty

In the competitive landscape of the US banking sector, retaining depositors is paramount for lenders seeking to maintain... Read more

Beyond Capital: Unveiling The Complexities Of Bank Failure Prediction

In the realm of banking, the ability to predict and prevent failures is paramount for financial stability and consumer c... Read more

Central Banks And The Economic Horizon: Steering Through Uncertaintie

In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more