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Mridul Das
Introvert!ย โขย 3m
This is big news for fintech . SmallcaseHQ, the Bengaluru-based startup founded by Vasanth Kamath, Anugrah Shrivastava, and Rohan Gupta in 2015, has raised $50M in Series D led by Elev8 Venture Partners! Their valuation is not disclosed but they valued $200 million back in 2021, so now maybe they have doubt.... This round also saw participation from State Street Global Advisors, Niveshaay AIF, Faering Capital, and Arkam Ventures. Smallcase is a platform that helps investors build diversified portfolios by investing in baskets of stocks or ETFs managed by experts. Their mission? To democratize equity investing, making it accessible and easy for everyone! ๐ Financials (FY24 vs. FY23): ๐ฐ Revenue: โน67.4 Cr (Up from โน30.6 Cr) ๐ Losses: โน34 Cr (Down by 74.4%) ๐ฅ Huge milestone for the Smallcase team! Hereโs to making investing smarter & simpler for all. ๐
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