[Funding alert] Fintech Startup PocketATM Secures Pre-seed Funding

The pre-seed round of Indian Express Commercial Ventures, Samir Modi of Modicare, Himanshu Nautiyal from Fractal Analytics, Nirav Mehta of Morgan Stanley Private Equity, Hemant Adarkar of Artha Center, Venkatesh Hariharan, a public policy advisor, and Rajat Agarwal, partner at Vertices Partners, contributed $400K to the Mumbai-based fintech platform PocketATM.

PocketATM was developed to create a single & gamified interface for transaction types including cash-outs, digital payments, etc.

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The platform is continuously growing its reach; it is currently functioning in the regions of Mumbai and Navi Mumbai.

Founded by Sushil Kurri and Mihir Mehta, PocketATM is a platform from the portfolio of Optimoney Technologies Pvt Ltd.

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About PocketATM

PocketATM is a platform that uses the idle cash liquidity at Kirana stores, allowing customers to withdraw cash easily from Kirana stores over QR code.