Fintech startup Multipl raises $1.5 M led by led by Blume Ventures, MIXI Global

Bengaluru-based fintech company Multipl has raised USD 1.5 million in a funding round led by Blume Ventures and MIXI Global Investments. The new funds will be used for improving the platform and for introducing new features.Founded in 2020 by Paddy Raghavan, Jags Raghavan, and Vikas Jain, Multipl rewards users for investing for future expenses through partnerships. It claims to have collaborated with over 70 brands across categories such as Kalyan Jewellers, Yatra, Flipkart, Decathlon, Ather Energy, Livspace, Bluestone, Myntra, Acko, and Vedantu.