News on Medial

Pravin Jadhav-led Raise Financials acquires Filter Coffee

Entrackr · 5d

Pravin Jadhav-led Raise Financials acquires Filter Coffee Raise Financial Services has acquired Filter Coffee, a new-age financial media startup. The latter will join the Raise Financial ecosystem, which also includes the upskilling platform Valuationary and the stockbroking app Moneylicious. “We are excited to welcome Filter Coffee and Tanvi to the Raise ecosystem. Filter Coffee is a trusted brand with a unique voice that resonates with India’s emerging investor class. We look forward to supporting their growth journey,” said Pravin Jadhav, founder and CEO of Raise Financial Services. Founded by Tanvi Raut Dessai, Filter Coffee, which boasts a subscriber base of over 20,000, provides business and financial insights. With Raise, Filter Coffee will expand its content across short-form videos and long-form storytelling, delivering fresh perspectives on India’s financial markets. The details of the transaction couldn’t be ascertained. Entrackr has reached out to Raise for more details. Raise Financial’s stockbroking app Dhan recently entered the top 10 list of stockbroking apps in India, surpassing Paytm Money. It’s worth highlighting that Jadhav was the Managing Director and CEO of Paytm Money before resigning in March 2020. As per media reports, Dhan is in talks to raise a large funding round. The company last raised $22 million in January 2022. BEENEXT, Mirae Asset, 3one4 Capital, and Rocketship.vc are its major investors.