IndianMoney.com, India’s largest financial education company promoted by Suvision Holdings Pvt Ltd has raised fresh round of funding from media conglomerate Bennett, Coleman & Co Ltd (BCCL).
Commenting on the investment Mr. C S Sudheer, Founder & CEO of IndianMoney.com quoted, “Investment of BCCL is catalytic to make inroads into the unchartered territory. It strengthens our consumer base led by the 360-degree presence of BCCL across the media spectrum. This association will add new wings to the ambition of IndianMoney.com to make India a financially literate country.”
The company plans to utilize these funds to enhance its reach and acquire new consumers, and launch new personal finance education series to become synonymous with financial education for common man in India.
IndianMoney.com is an 8-year-old Fintech start-up based out of Bangalore. It is backed by VertExperts Consulting (Bangalore) and Hyderabad Angels (Hyderabad).
Started in 2008 by Mr. C S Sudheer, the vision of the company is to create a financially literate India by providing free consultation to anyone looking for an expert opinion on matters related to personal finance. In the process, IndianMoney.com also provides this unique service of educating the consumers on how not to fall prey for unscrupulous practices in the financial services industry. It helps financial intermediaries get educated and interested consumers of financial products on fingertips through Lead Market mobile application.