Infinyte.Club, a platform designed to generate and handle wealth for employees in the technology and startup sectors, has secured $3.6 million in fundraising through a round-headed by Elevation Capital.
The funding will be allocated towards improving the technical infrastructure and expanding the team.
The funding round also attracted investment from notable angel investors including Kunal Shah, the founder of Cred, Vidit Aatrey, the cofounder of Meesho, Gaurav Munjal, the cofounder of Unacademy, Harshil Mathur, the cofounder of Razorpay, and several more.
Read also – Truva Raises $3 Mn Funding Round from Stellaris Venture Partners
Infinyte.Club provides users with the capability to monitor their assets, oversee their equities portfolios, and utilize their stock options to their advantage. During its private beta phase, the platform successfully concluded more than 40 primary and secondary agreements.
The business intends to allure additional investors and broaden its array of asset classes.
Ankita Tandon, founder, Infinyte Club, said: “To choose the asset class that we started with, we found it very odd that hundreds of people are building these incredible tech startups, but funnily enough, they only don’t have access to investing in the companies they are building. Private equity opportunities or startup investing opportunities were only available to people behind very closed doors, and it was linked to who you knew. We wanted to change that,”
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