Thursday, December 1, 2022
HomeInsightFunding Alert Vijya Fintech Raises $1 Mn in Angel Round

[Funding alert] Vijya Fintech Raises $1 Mn in Angel Round

Vijya Fintech, based in Surat, raises $1 million in its angel round. BP Wealth, Narola Infotech Solutions, Sagar Investments, GK Globas, and other significant strategic investors participated in this round of investment, which was managed by large strategic investors.

Vijya Fintech, based in Surat, raises $1 million in its angel round. BP Wealth, Narola Infotech Solutions, Sagar Investments, GK Globas, and other significant strategic investors participated in this round of investment, which was managed by large strategic investors.

This fresh infusion of funding will help Vijya Fintech which owns Mercury(one of the best full-stack, fully integrated multi-asset execution and reporting wealth management platforms in India ) further its goal of making cutting-edge “open architecture-based technologies driving the multi-asset wealth management platform” accessible to all financial intermediaries, as per reported by Business World.

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While talking about the success of this investment round, Aakash Bansal Co-founder & CEO of Vijya Fintech , said, “In these extraordinary times, we are confident of the growth ahead of the entire financial ecosystem and all financial intermediaries led by technology. The Angel Round was well-timed with our beta launch of Mercury, and it strengthens our efforts in technology and operations in our endeavour to connect the disconnected financial ecosystem. And we are deeply grateful to all our strategic investors who have shown tremendous confidence, faith and trust in our vision and mission for building Mercury.”

It is the first wealth management platform in India and features a fully integrated ecosystem for mutual funds and broking, online fixed income execution, digital onboarding for PMS/AIF, India’s first B2B2C marketplace, interaction with insurance POS, and a game-changing Account Aggregator.

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Yuvraj A. Thakker Managing Director at BP Wealth, said, “Mercury is an answer to a real problem of the industry. There is no unified platform for multi-asset class distribution. And there are even fewer platforms with this kind of sophistication and client-first approach that Mercury brings to the table. The management team understands that they are a multi-sided platform offering a B2B2C SaaS. It is this level of insight, understanding and unwavering commitment to quality that convinced us to participate in this round.”

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About Vijya Fintech

Vijya Fintech Pvt. Ltd offers various modules based on Investment Management Solutions. Mercury software by Vijya is “A state of art panoramic wealth management solution”

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