Friday, April 26

Tag: Orowealth

India’s Mutual Fund & Stock Investment Platform Orowealth Acquires the WealthTrust Platform
19Jan By AdityaNo Comments
ACQUISITION

India’s Mutual Fund & Stock Investment Platform Orowealth Acquires the WealthTrust Platform

Orowealth, one of India's leading Direct Mutual Fund platforms, recently announced that it has acquired the WealthTrust platform, including the product and all its users. Orowealth is a one-stop solution for all your investment needs from investing in stocks and direct mutual funds, to financial planning, goal advisory and more. WealthTrust, also one of the India's fastest growing 'Zero Commission Wealth Management' platforms, always aimed to make investment simple and hassle-free. Mr. Nisarg Gandhi, co-founder and CEO of WealthTrust said to Pixr8 team that we evaluated several partners before finally joining forces with Orowealth, which stood out as the best option for their users. The two companies now have a combined user base of 3 lakh registered users, and their asset...
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Mutual Funds Investment Platform Raises $1.6Mn Series A Funding
29May By NitishNo Comments
FUNDING

Mutual Funds Investment Platform Raises $1.6Mn Series A Funding

Mumbai, May 29, 2018:  Orowealth, India’s first zero commission Direct Mutual Fund Platform has raised $1.6 mn in Series A funding. The funding round was led by Powerhouse Ventures with participation by Money Forward Inc., one of the largest publicly listed fin-tech companies in Japan; a prominent US VC Social Capital, under their Capital as a Service program; B Dash Ventures, one of the largest VCs in Japan; and other prominent angel investors including Anand Chandrasekaran, ex CPO Airtel and Dinesh Agarwal, Founder Indiamart. Existing investors M&S Partners and GSF also participated in this round. Post funding, Sri Peddu from Powerhouse Ventures will join the Board and Money Forward will take a Board observer role at Orowealth. This is the second round of funding for the ...
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