Fixed deposits marketplace Fixerra raises Rs 14-Cr
Entrackr Fixerra (formerly Fixed Invest)
Mumbai-based Embedded Finance startup Fixerra (formerly Fixed Invest) has raised INR 14 crore in a seed round from angel investors and family offices such as Jaideep Hansraj of Kotak securities, Shailesh Haribhakti of Shailesh Haribhakti & Associates and Oisharya Das, CEO of Kotak Private Wealth.The round also saw investments from the family office of Harish Shah of Signet Excipients Pvt Ltd and angel investor Shivang Desai.Founded by Akshar Shah, Fixerra helps digital businesses launch banking products quickly and compliantly. It claims to have built an easy-to-integrate fixed deposit gateway with partnerships across seven banks and NBFCs.
Want to receive such news items in your inbox? Click Here to sign up for a trial.