Enterprise AI
Parallel Loop, an AI startup founded by Prateek Jogani and Yujun Chean in June 2026, has raised $6.6 million in seed funding to help enterprises integrate artificial intelligence (AI) into their existing systems and business workflows.
The funding round was led by 3one4 Capital, with participation from Picus Capital, Flourish Ventures, EDIS - Economic Development Innovations Singapore, Paytm Founder and CEO Vijay Shekhar Sharma, and CRED Founder Kunal Shah, among others.
The startup is building AI capabilities that enable businesses to connect AI with their existing technology infrastructure, supporting practical implementation across enterprise operations.
Parallel Loop currently has a team of 30 employees and serves more than 10 clients, including Havells India Ltd and Licious in India.
The company’s focus on integrating AI into everyday business processes highlights the growing demand for solutions that work within existing enterprise environments. Its ability to address enterprise data requirements while simplifying AI adoption will be an important factor in its growth.
