Fintech co. Altitude raises $500-K

Altitude, a Gurgaon-based financial services platform offering alternative investment tools, has raised USD 500,000 in a new round from over 40 investors from companies such as Swiggy, Yes Bank, Good Glamm Group, Robinhood, and Wipro. The Krishna Maggo founded Altitude will use the funds to launch its flagship product Altitude Prism, a fixed income instrument. A part of the funds will also be used to strengthen leadership in fund and risk management teams.