Sunday, September 25, 2022
HomeInsightNews & Update INDmoney raises $75 million funding from Tiger Global, others

[Funding alert] INDmoney raises $75 million funding from Tiger Global, others

 INDmoney
INDmoney

Super Money App INDmoney has raised $75 million funding from Tiger Global, Steadview Capital, & Dragoneer Investment Group.

Super Money App INDmoney was founded by Ashish Kashyap in 2019.

INDmoney is a Super Money App that brings all your family’s finances to one place. The Mobile App automatically organizes your finances, helps you plan your goals, and uses machine learning to help you save and invest at Zero commissions. “We are like your private CFO for your family!”

INDmoney (previously known as INDwealth) was launched in 2019 with the aim of delivering a better financial future to individuals and families. The brand is owned by Finzoom Investment Advisors (p) Ltd, a SEBI registered Investment Advisory entity. The company is backed by investors such as Tiger Global, Steadview Capital, and Dragoneer.

INDmoney - Super Money App
INDmoney – Super Money App

INDmoney is known for:

  • Enabling users to track all their investments & liabilities: Users can track all their investments and liabilities across Mutual Funds, Indian Stocks, Fixed Deposits, EPF, NPS, Loans, PMS, Crypto, Credit Cards, Insurances, and many more.
  • Investing at Zero commission: Our zero-commission and zero-brokerage platforms enable users to invest in US Stocks, Mutual Funds, Fixed Deposits, and PMS.

INDmoney is founded by Ashish Kashyap, a technology entrepreneur in June 2019 who previously founded the ibibo Group (Goibibo, redBus, PayU India) and was also Google India’s first Country Head. This Series-C start-up is backed by reputed foreign institutional investors comprising Tiger Global, Steadview Capital, Dragoneer & Tona Investments, who have invested a total of $58Mn in the organization.

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