[Funding alert] Wealth management startup Scripbox raises $21 mn led by Accel Partners, others

Fintech startup Scripbox has raised $21 mn led by Accel Partners & other investment firms including Transpose Platform, DMI Alternative Investment Fund through The Sparkle Fund, InnoVen Capital, Trifecta Capital, KPB Family Trust, LetsVenture, Kube VC, and YY Capital LLC.

Angel investors MakeMyTrip founder Deep Kalra, Dell Technologies India MD Alok Ohrie & Freshworks CTO Shanmugam Krishnasamy & other also participated in a funding round.

Scripbox is India's leading digital wealth management service.

Founded in 2012, Scripbox is a pioneer in the digital financial services space and is recognized for creating simple and elegant user experiences in a complex domain. Scripbox uses proprietary algorithms to deliver a holistic view of investments, as well as personalized recommendations for better outcomes.

Scripbox has been recognized as the 2nd most influential financial services brand globally by LinkedIn and has received the Financial Express’ Best Bank Award.