Micro-investing platform Deciml raises $1-M
Deciml, a Pune-based micro-investing platform, has raised USD 1 million in a pre-seed round from investors including venture capital firms such as Unnati Labs, Agility Ventures, and MyAsia VC. Angel investors Gaurav Munjal, co-founder and CEO of Unacademy; Dr. Ritesh Malik, founder of Innov8 (acquired by OYO); Mukund Jha, CTO of Dunzo; and Raunak Munot, co-founder of Bombay Shaving Company also participated in the round. The round also saw participation from creators such as Bhuvan Bam, Ranveer Allahbadia, Raj Shamani, Suhani Shah, Praful Billore, Varun Thakur, Viraj Sheth, and Rohit Raj, as well as startup advisors like Abhishek Ponia. The funds will be used primarily for customer acquisition, product enhancements, and onboarding talent. The fintech startup enables users to start their investing journey with as little as INR 1 through mutual Funds and fixed return funds.
Want to receive such news items in your inbox? Click Here to sign up for a trial.