Saturday, October 1, 2022
HomeInsightFunding Alert Leaf Round raises $300K in pre-seed funding

[Funding alert] Leaf Round raises $300K in pre-seed funding

Leaf Round
Leaf Round

Leaf Round, an alternative investments startup, has raised $300k in a pre-seed funding from micro VC firm Upsparks, Superb Capital and senior business leaders from McKinsey, Bain, Barclays, and Adobe.

The startup said that funds will use to further its product building efforts and create market awareness about the company and its offerings.

Founded by Nishchay Nath, Soumya Kushwaha, and Avinash Verma in 2022, Leaf Round is a marketplace for leasing that provides investors options to buy assets and rent to businesses.

“We are making it easy for the Indian investor to create wealth by taking a common concept of real estate rentals and extending it to assets that companies require. We aim to target the MSME credit gap of $345 billion as an investment opportunity, which can be plugged using leasing. There is massive potential in this space and the success of this funding round gives us the boost needed to achieve the goals of our product and create an impact on the Indian investor,” said Nishchay Nath, Co-founder, of Leaf Round.

Mohamad Faraz, Founding Partner, Upsparks, said, “The founders of Leaf Round have exceptional expertise in private equity, consulting and technology backgrounds and rich experience in merging the worlds of finance and technology. Fractional investment is a niche area in India with a lot of scope to drive economic growth in the country. The kind of knowledge and tech capability that Leaf Round brings to the table is par excellence and can simplify the investment process for the average Indian consumer.”

“The work done by the Leaf Round team is incredible. The software product is clear, intuitive and responsive, the support is top notch and the asset backed deals are breaking new ground for retail investors,” said Vineet Sharma, Senior Director Engineering, Adobe.

About Leaf Round :

Leaf Round is a marketplace for leasing that provides investors options to buy assets and rent to businesses. They are a bunch of explorers and innovators who envision a world that has high return-low risk investment products but is fundamentally strong and easy to understand. With a strong belief in first principles and a seasoned team, they have built an investment product like no other.

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