Wealth mgmt platform Finnovate raises $1-M

Mumbai-based wealth management platform Finnovate, which aims to simplify investment planning, has raised USD 1 million in a pre-series A funding round. The funds raised will enable Finnovate to scale its platform and Finnversity, a financial literacy platform. Founded by Nehal Mota and Naveen Singh, Finnovate offers personalized financial life planning and research-backed investment portfolios to working professionals, high-net-worth individuals and families.