Fintech Firm IndianMoney.com Raises $3 M From SRI Capital, Others
IndianMoney.com has raised $3 Million from SRI Capital, a US-based early stage venture capital fund. Existing investors Hyderabad Angels and others also participated in this round.
IndianMoney.com has been a pioneer in serving hundreds of thousands of middle income people who are deprived of unbiased financial information and education.
The company will use this new investment to augment its capacity to educate about 100,000 people every day.
Currently the company educates about 18,000 people every day. In the next 2-3 years, the company will ensure that its consumers get education, transactional guidance, ability to transact and custodian services in one place. The company plans to accomplish all these without watering down its core competency of being an unbiased support to the ...