Tuesday, November 5

Tag: IndianMoney.com

Fintech Firm IndianMoney.com Raises $3 M From SRI Capital, Others
FUNDING

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 ...
Bengaluru Based IndianMoney.com Raises Funding From Media Conglomerate BCCL
FUNDING

Bengaluru Based IndianMoney.com Raises Funding From Media Conglomerate BCCL

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. ...