Other Private Equity/Strategic Investments
Stock investment platform Smallcase spins out Tickertape with $5-M investment
Bangalore-based stock investment platform Smallcase has spun out its investment information and research platform Tickertape into a separate corporate entity and has invested USD 5 million in it. With this carve-out and capital infusion, Ujjwal Ankur has taken over the role of Founder and CEO of Tickertape. Tickertape provides information, analytical tools and transaction capabilities across multiple investment products with a 50-member team. It equips retail investors with an all-in-one platform to research, analyse and invest better into stocks, ETFs and mutual funds.
From the Venture Intelligence PE-VC Deal Database: Starting in Dec-2015, Smallcase has raised over USD 65 million from Rainmatter Capital, Blume Ventures, HDFC Bank, WEH Ventures, Arkam Ventures, Beenext, Sequoia Capital India. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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