Private Equity Angel Investments
Financial planning app for millennials MoneyPlanned raises Rs.2.5 Cr led by IPV
Source Mint (opens in a new tab)
Bengaluru-based fintech platform MoneyPlanned has raised over INR 2.5 crore in a seed funding round led by Inflection Point Ventures. The round also saw participation from Expert Dojo, an early-stage startup accelerator, Joseph R Saviano, partner at Dot Capital and Sameer Khan, DBS Bank, Singapore.
MoneyPlanned is a personal finance platform for millennials offering services like financial goal planning, automated advice across asset classes, along with financial footprint consolidation. The company will use the funds towards marketing and user acquisition, deepening its tech infrastructure.