The Week that Was: Indian Startup News Overview (24th March - 30th March)


Funding News: Smallcase Raises $50 Million Series D Funding Led by Elev8 Venture Partners

Startup: Smallcase

Founder: Vasanth Kamath, Kamath, Anugrah Shrivastava, and Rohan Gupta

About us: Smallcase is a leading provider of investment products to Indian investors & platforms to the capital markets industry. Launched in 2016, smallcase offerings have served 10+ million individual investors helping them build better long-term portfolios

Founded Year: 2016

Office: Bangalore

Sector: Financial Services

Funding Round: Series D funding

Investors: Elev8 Venture Partners, State Street Global Advisors, Niveshaay AIF, Faering Capital, Arkam Ventures

News: Investment platform Smallcase has raised 50 million in a Series D funding round co-led by Elev8 Venture Partners, with State Street Global Advisors, Niveshaay AIF, Faering Capital, and Arkam Ventures joining as investors, the Zerodha-backed company announced on March 28.

The fresh funding will be used to expand its suite of investment products across various asset classes and deepen participation with retail investors and ecosystem constituents.

"The potential to enable the financial futures of millions of Indians is a sacred responsibility. We are committed to doing this honestly and with integrity along with our partners", said Vasanth Kamath, CEO and co-founder of Smallcase.

Website: http://smallcase.com