This story is from June 25, 2021
WealthDesk raises $3.2 million
BENGALURU: Investment technology platform
Founded in 2016 by Ujjwal
Jain said, “We are very excited about this investment from Mathew Cyriac. Mathew is known to be a far-sighted investor and his association with WealthDesk validates our vision and strengthens our capabilities to disrupt asset and wealth management in Indian with large-scale distribution capabilities. We believe there exists a “100 million investors” opportunity in India, and Mathew’s guidance will enable us to seize this opportunity effectively. It plans to deploy the funding to hire talent, invest in R&D and further build out the technology to expand its business."
Ready to Master Stock Valuation? ET’s Workshop is just around the corner!
WealthDesk
has raised $3.2 million in funding from a clutch of investors, including formerBlackstone
partnerMathew
Cyriac, in his personal capacity.Founded in 2016 by Ujjwal
Jain
, WealthDesk is an investment technology platform that captures the entire asset management & advisory value chain.Jain said, “We are very excited about this investment from Mathew Cyriac. Mathew is known to be a far-sighted investor and his association with WealthDesk validates our vision and strengthens our capabilities to disrupt asset and wealth management in Indian with large-scale distribution capabilities. We believe there exists a “100 million investors” opportunity in India, and Mathew’s guidance will enable us to seize this opportunity effectively. It plans to deploy the funding to hire talent, invest in R&D and further build out the technology to expand its business."
Ready to Master Stock Valuation? ET’s Workshop is just around the corner!
Popular from Business
- Vodafone Group settles Rs 11,650 crore debt, releases shares in Vodafone Idea
- Reliance acquires Karkinos Healthcare for Rs 375 crore
- Govt considers income tax relief for those earning up to Rs 15 lakhs: Report
- RBI permits UPI transactions via PPI wallets using third-party apps
- Rupee falls 9 paise to hit all-time low of 85.24 against US dollar in early trade
end of article
Trending Stories
- Govt considers income tax relief for those earning up to Rs 15 lakhs: Report
- GST Council's popcorn taxation sparks backlash on social media
- SC allows banks to charge 30% interest rates on credit card dues
- RBI policies may have contributed to economic slowdown: Finance ministry
- High limits in unsecured lending a worry, says RBI
- Rupee falls 9 paise to hit all-time low of 85.24 against US dollar in early trade
- JSW in talks with China's Geely for electric car joint venture
Visual Stories
- 8 Memory Hacks to Help Students Memorize 2X Faster
- 8 Habits of Highly Successful Students
- Top 10 Habits That Sabotage Student Success
- 9 Simple Steps to Build a Study Routine That Actually Works for Students
- 10 Timeless Quotes Every Student ShouldKnow
UP NEXT
Start a Conversation
Post comment