VC Fund Investments
Analytics platform for investors Trendlyne raises $1.8 M from IIFL Fintech Fund
IIFL Fintech Fund has led a USD 1.8 million Series A investment round in Bengaluru-based Trendlyne, an analytics platform for investors and traders. This is IIFL Securities' second investment in Trendlyne. It now holds a significant stake in the company. Trendlyne builds products in the stock market and mutual funds space, encompassing stock scores, screeners, backtesting, Alpha Alerts (real time alerts across structured and unstructured data), stock insights, as well as forward-looking products in consensus estimates and analyst calls. It operates in both B2C and B2B segments. Trendlyne claims to be among the top 50 websites in India in the investing space with a million registered users.
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