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Wealth management platform Nivesh raises $1.6m led by Indian Angel Network
Photo: Reuters
May 4, 2021
Wealth management platform, Nivesh, on Tuesday said it has raised $1.6 million, led by Indian Angel Network (IAN) Fund. The round also saw participation from other angel investors including LV Angel Fund.
According to the company, the freshly infused capital will be utilised for expansion of its product portfolio, specifically towards introducing newer insurance and credit products. The company is also expected to use the funding towards technology enhancement by bringing in automation and user personalization.
Five-year-old Nivesh is a technology platform that allows mutual fund distributors to list and distribute their financial products to consumers in a digital-first manner. Apart from mutual funds, the platform also allows distributors to list other products, including corporate fixed deposits and insurance. ....

Anurag Garg , Padmaja Ruparel , Lv Angel Fund , Five Year Old Nivesh , Next Billion Fund , Windrose Capital , அனுராக் கார்க் , பத்மஜா ரூபரேல் , அடுத்தது பில்லியன் நிதி , விண்ட்ரோஸ் மூலதனம் ,