Vijya Fintech Private Limited (VFPL) has received a total investment of Rs 15 crore after raising Rs 7 crore in an angel round. Tech specialists, Veloce Fintech, Lemon Tech, and Lemon Emerging Ventures are among the investors in the round.
In November 2022, VFPL received $1 million (about Rs. 8.25 crore) from some investors.
The funds will be wisely used for market expansion, accelerated go-to-market tactics, and growth projects.
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More than 2,000 intermediaries, including stock brokers, licensed investment advisors, and mutual fund distributors (MFDs), have reportedly used the platform, according to the business.
Vijya Fintech runs portfolios for more than 20 lakh investors and has about Rs 1.5 lakh crore in assets under management.
About Vijya Fintech
Vijya Fintech Pvt. Ltd., founded by Aakash Bansal and Paresh Paladiya, provides a range of modules based on Investment Management Solutions. “A state of art panoramic wealth management solution” is how Vijya describes its Mercury software.
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