Tracking pre-seed and seed rounds that close in India every week
Links out to the the websites of the startup and its investors, along with LinkedIn profiles of the founders and fundraising news.
Neo bank providing a high yield savings bank account (partner: Yes Bank), on the back of fixed income mutual funds (partner: ICICI Prudential). Aims to provide >2x the typical savings account interest rate. Customers can spend from their account using UPI. $1.2M raised in this seed round.
AI-driven meetings and follow-up assistant for financial advisors in wealth management firms. Currently focused on teams of all sizes in the US, from individual to large RIAs ( registered investment advisors) and asset management firms. Other investors in this $2M seed round include Better Capital, SFMG Wealth Advisors and Gregg Fisher (Founder, Quent Capital).
FinTech startup building a lending against property tech stack, using its AI powered property score. Helping banks, NBFCs and HFCs accurately value properties for mortgage calculations. Also developing property insurance and property management tools. $1M raised in this seed round.
Credit card and loyalty management platform. Helps consumers track, manage and optimize over 500 credit cards and 74 loyalty programs. At beta stage with 5K users. India has 100M+ active credit cards across 60M people. ₹2.5CR raised in this round. Angels including Bhavesh Gupta, Shriram Nene and Ritesh Malik also participated.
Startup that makes mutual fund investing easier for customers and provides tools and technology to distributors. Has 10K distributors and manages ₹1,000CR in AUM for 60K customers. ₹25CR raised in this round.
Payment solutions provider within WhatsApp, processing transactions for Delhi Metro, Indraprastha Gas, insurance providers. Currently at 3M monthly transactions. Comps: Yellow.ai, Gupshup. Raised $2M in this round, having raised $1M earlier from Future Monk Investments and others.
Edu-Wealth platform to help parents plan savings for their childrens future overseas education. The founder was previously CEO of PayU Finance. $25.5M raised in this seed round.