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Parallel Loop Secures $6.6 Million to Drive Enterprise AI Adoption
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Moneycontrol•14-10-2026, 18:13
Parallel Loop Secures $6.6 Million to Drive Enterprise AI Adoption
- •Parallel Loop raised $6.6 million in seed funding led by 3one4 Capital to scale enterprise AI adoption.
- •The funding round included participation from Picus Capital, Flourish Ventures, and notable founders like Vijay Shekhar Sharma and Kunal Shah.
- •Founded by Prateek Jogani and Yujun Chean, the startup deploys engineers to integrate AI directly into client systems and workflows.
- •The company currently serves clients like Licious, Havells, and Tokio Marine Safety Insurance across multiple international locations.
- •Parallel Loop's platform can operate in a client's cloud or on-premises to maintain data residency and security control.
Key Questions Answered
Parallel Loop raised $6.6 million in seed funding led by 3one4 Capital to help businesses scale AI adoption.
Forward-deployed engineers work alongside client teams to connect existing technology systems, business processes, and organisational knowledge, helping enterprises integrate AI into their workflows.
Parallel Loop was founded in June 2026 by Prateek Jogani and Yujun Chean, who previously co-founded the Thai insurtech company FairDee.
