Zonnett which is founded by the former CEO of Zee Group Abhijit Saxena and former investment banker Kanishka Saxena has been planning to raise around $3-5 million for expansion of its services.
The proposed fund raising is going to be utilised for investments in geographic expansion, new product development and scaling of operation.
Zonnett, Chief Operations Officer, Kanishka Garg has said that in January the company has raised about a half million to develop production and applications and set up operations in Mumbai.