Invest-tech co Octanom raises pre-seed funding

Mumbai-based algorithm-based investech startup Octanom Tech has raised pre-seed funding at a pre-money valuation of USD 2.2 million led by Shankar Vailaya (former Director of Sharekhan Ltd), Nitin Gupta (Founder, and CEO, Asymmetrique), and other angel investors. Octanom will deploy the fresh capital to launch its maiden platform next month, as well as to hire talent. Octanom plans to launch three platforms in the investech space over the next two years in India and the US.