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Posts Tagged ‘ ScripBox ’

Wealth management app Fisdom raises $1.1 mn from Saama Capital

Wednesday, October 19, 2016 | More »

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Bengaluru-based Finwizard Technology Pvt. Ltd, which runs wealth management app Fisdom, has raised $1.1 million (Rs 7.3 crore) from Saama Capital. The company will invest these funds in technology, to expand its team and acquire customers, it said in a statement. Fisdom was founded by Subramanya SV,...

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Fintech firm Lendingkart acqui-hires loans marketplace KountMoney

Fintech startup Lendingkart Group has acqui-hired KountMoney, an online lending marketplace for personal loans, to boost its technology and data analytics capabilities. Acqui-hire refers to the buyout of a company primarily for the skills and expertise of its staff, rather than for its products or s...

18 October, 2016 | More »

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How a former Flipkart director founded his robo-advisory firm

Amar Choudhary’s decision to establish FinAskUs Technologies Pvt Ltd, an automated investment service focused on mutual funds for B2C mass customers, was based on his prior professional experience. As part of his stint at the Boston Consulting Group between 2005 and 2012, Amar Choudhary worked...

28 September, 2016 | More »

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How robo-advisers are seeking to change the investment management game

Morgan Stanley, one of the largest asset managers in the US, calls them a major threat to financial advisers. Vanguard and Fidelity, the two largest mutual fund companies in the US, have over the past year started offering services to counter them. Now, India is getting a taste of them. Who are they...

26 July, 2016 | More »

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Omidyar Network backs online investment platform Scripbox

Online investment platform Scripbox, run by Scripbox.Com India Pvt. Ltd, has raised an undisclosed amount in its Series B round of funding led by Omidyar Network. Existing investors, including Accel Partners and some angel investors, also participated in the round. “As India moves from promoting a...

1 July, 2016 | More »

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Exclusive: Online investment platform Goalwise gets angel funding

Online investment platform Goalwise, run by Alphafront Finserv Pvt. Ltd, has raised $1 million (around Rs 6.8 crore) from a bunch of high net-worth individuals (HNIs), its CEO and co-founder Swapnil Bhaskar has told Techcircle.in. Bhaskar said the HNIs were associated with the financial services sec...

24 May, 2016 | More »

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Exclusive: Deal4Loans plans big-ticket Series A funding round

Business-to-consumer loans comparison site Deal4Loans, run by Noida-based WRS Info India Pvt. Ltd, plans to go for a big-ticket Series A funding round. The fin-tech startup plans to raise at least $25 million in its first institutional round of funding. It is likely to finalise the deal within the n...

10 May, 2016 | More »