Devfolio Secures $85M in Seed Funding to Boost Builder Ecosystem and Hackathon Hosting Platform

We are thrilled to announce that Devfolio has successfully raised a staggering $85 million in our latest funding round! This significant investment marks a pivotal moment for our company as we continue to drive innovation within the builder ecosystem in India. At Devfolio, we are dedicated to empowering creators, entrepreneurs, and developers by providing the tools and resources they need to thrive. Our mission extends beyond just being a platform; we aim to foster collaboration and unleash the potential of talent across the country. With these funds, we plan to enhance our offerings to organizers, making it even easier for them to host impactful hackathons that not only drive creativity but also cultivate community engagement. We believe that hackathons serve as a vital space where ideas come to life, and we want to ensure that every organizer feels supported throughout their journey. The new capital will also enable us to expand our team, invest in cutting-edge technologies, and improve our infrastructure, guaranteeing that both participants and organizers have the best possible experience on our platform. As we take this exciting step forward, we invite hackathon organizers and enthusiastic builders alike to connect with us. If you're looking to host your own hackathon or join a vibrant community of innovators, don’t hesitate to reach out at hello@devfolio.co. Together, let’s shape the future of building in India!