Angel Investments
Mutual fund distribution platform Crowwd raises Rs.2.5 Cr
New Delhi-based Crowwd has raised INR 2.5 crore in an angel round from over 30 investors, including Ritesh Malik, Three Words Capital, and Hexa Startup Studio, valuing the company at about INR 50 crore.Founded in 2024 by Ajitesh Gupta, Crowwdis is a mutual fund distributor providing a personalised investing experience based on its proprietary ‘Investor DNA’ framework.The firm plans to use the proceeds to fund wealth-tech infrastructure, brokerage acquisition and integration, and the scaling of mutual fund distribution. Additionally, the company intends to strengthen its technology, compliance, and operating capabilities.
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