Sharan Hegde’s The 1% Club has raised Rs 10 Cr in pre-series A funding from Gruhas, a VC Co-Founded by Nikhil Kamath, (from Zerodha) and Abhijeet Pai (from Puzzolana Group).
This incredible collaboration underscores the critical overlap between influencer marketing and fin-tech and marks a turning point in the development of “The 1% Club.”
“Financial planning is nothing without education,” states Sharan Hegde emphatically. “People can only invest wisely and make informed financial decisions when they are well-educated about the subject. The 1% Club is the first-of-its-kind social finance app that masterfully combines the power of education with the convenience of fintech, enabling our users to embark on a journey of financial empowerment.”
The 1% Club, which was founded by Raghav Gupta and Sharan Hegde, is at the vanguard of changing financial education. The goal of the 1% Club is to seamlessly combine education and money in a time when fintech is lacking without a strong educational base.
Nikhil Kamath from Gruhas states, “The 1% Club represents a unique fusion of finance and community, a combination that can transform how individuals approach wealth creation and financial management. I believe in the potential of this platform to redefine the future of fintech & edtech.”
About The 1% Club
The 1% Club, founded by Sharan Hegde and Raghav Gupta, gives members financial tools, learning materials, and support to become financially independent. The community membership includes 10+ hours of high-quality finance academy modules on personal finance, goal planning, asset allocation, mutual fund selection, real estate and stock market investing, health insurance, life insurance, car insurance, and tax planning. It features live sessions with finance influencers like Shashank Udupa and Sharan Hegde.