Parallel Loop Raises $6.6 Million Seed Round Led by 3one4 Capital

14 Oct 2026, 6:05 pm · 3h ago · 1 min read · Inc42New

Amount

$6.6M

Stage

Seed

Lead

3one4 Capital

Enterprise AI startup Parallel Loop has secured $6.6 million (Rs 63.1 crore) in a seed funding round led by 3one4 Capital. Picus Capital, Flourish Ventures, and Economic Development Innovations Singapore participated, alongside angel investors Vijay Shekhar Sharma and Kunal Shah. Founded in June by former FairDee founders Prateek Jogani and Yujun Chean, the US-headquartered startup maintains the majority of its 30-member team in Bengaluru. Parallel Loop integrates customized AI workflows into enterprise tech stacks, serving clients like Licious, Havells, and Tokio Marine. The startup will deploy the fresh capital to expand operations across Western markets.