Fintech startup Tyke raises $1.5-M from 9Unicorns, Better Capital, others

Mumbai-based fintech start-up Tyke has raised USD 1.5 million in a pre-seed round from 9Unicorns, Better Capital, Ratio Ventures, and Venture Catalysts. The round also involved the participation of angels like Jitendra Gupta, Sweta and Amrish Rau, Varun Mittal, Sandeep Aggarwal, Navin Surya, and Ajay Rajan. Tyke is focused on automating PE investment deals. Its service enables founders to create a round, set terms and invite investors to participate. It will use the fresh funds to build products for companies to digitise and democratise their fundraise.