B2B wealth mgmt platform Mercury raises $1-M from BP Wealth, Narola Infotech, others

Surat-headquartered Vijya Fintech, which owns business-to-business (B2B) wealth-management platform Mercury, has raised USD 1 million from BP Wealth, Narola Infotech Solutions, Sagar Investments, GK Globas and other investors. Founded by Aakash Bansal, the Mercury platform currently serves stock brokers, portfolio managers, distributors and advisors. The fresh funds will be used to make affordable and open architecture based technology to drive multi-asset wealth management platform targeted at financial intermediaries.