Other Private Equity/Strategic Investments
Micro-investing platform Deciml raises $3-M led by Jainam Broking
Pune-based micro-investing platform Deciml has raised USD 3 million in a seed round led by Jainam Broking Ltd. This marks Jainam Broking's first venture into startup investment. The new funds will be used to expand Deciml's round-up investing platform, for user acquisition, product enhancement, and team expansion and to scale.Every time a user makes an online transaction in Deciml, whether via card or UPI, Deciml will automatically round up the amount to the nearest 10 and invest the spare change in a mutual fund.
Between June 2022 and Apr 2023, Decimal had attracted about USD 1 M from Unnati Labs, Agility Ventures, and MyAsia VC and others.
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