Nivesh.com, a mass market mutual fund investment platform, today said it has raised angel funding from a group of entrepreneur turned investors.
The investors in this round include Rahul Gupta, CEO of Right Global Infosolutions and former president at private equity firm Sonoma Management Partners, Sandeep Shroff, CEO of Silicon Valley-based MyStartUpCFO.com and former head of investor relations at Infosys & others.
"The amount raised will be used for network expansion, reaching out to more customers and for improving the investment experience," said Anurag Garg, founder and chief executive, Providential Advisory Services, the Noida-based company which owns Nivesh.com.
The company, however, did not disclose the amount it has raised.
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