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Pravin Jadhav-led Raise Financials acquires Filter Coffee

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Pravin Jadhav-led Raise Financials acquires Filter Coffee

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. โ€œWe 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 Indiaโ€™s emerging investor class. We look forward to supporting their growth journey,โ€ 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 Indiaโ€™s financial markets. The details of the transaction couldnโ€™t be ascertained. Entrackr has reached out to Raise for more details. Raise Financialโ€™s stockbroking app Dhan recently entered the top 10 list of stockbroking apps in India, surpassing Paytm Money. Itโ€™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.

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