CloudWorx Technologies Pvt. Ltd, a no-code platform for Internet of Things (IoT) and smart home businesses, has bagged seed funding from a clutch of investors. Chief executive officer Yuvraj Tomar said CloudWorx raised the seed funding from angel investment firm LetsVenture, angel network Faad Network and AppyHigh Technology LLP, a launchpad for tech startups.

It is likely that the startup will use the funds to build its team and launch its product for

consumers by the end of its year. The startup was established in last year December by Yuvraj Tomar, Pushpahas Bettad, who is chief technology officer at CloudWorx, and Dinesh Mohan Prasad, the chief business officer.

The company's product Autocode, which helps users create and publish apps, games and servers without writing any code, is at a beta stage. But it already has a few enterprises, including one in the US, as paying customers. It also plans to use the funds to enter the European Union and the US.

This is not Tomar's first stint at entrepreneurship. He had earlier founded Thinqbot Technologies Pvt. Ltd, a home technology solution provider. A graduate of the Punjab Engineering College in Chandigarh, he previously worked with companies such as Wipro, Google and Cisco.
CloudWorx joins a handful of startups developing no-coding platforms to attract venture capital investments this year.