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Home News

Wealthy Get Wealthier With Funding From Tracxn Labs And Others

by Chinmay Bidkar
March 18, 2016
in News
Reading Time: 1 min read
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Wealthy Get Wealthier With Funding From Tracxn Labs And Others
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18 March 2016, India : Wealthy raised around $240K (INR 1.6 Cr) from angel investors including Abhishek Goyal of Tracxn Labs, Zishaan Hayath of Toppr, Arjun and Rohan Malhotra of Investopad, Harpreet Singh Grover of CoCubes, and Gagan Dugal of Matrix Cellular.

Wealthy was founded in September 2015 by Aditya Agarwal, and made its entry into the market in February 2016. It is based in Bangalore and is in the business of decoding wealth creation by offering investment related advice. Wealthy’s motive is to help the users search for the most lucrative investment option by making the whole process personalised. It aims to facilitate wealth creation by providing investment related advice and transaction platform.

Wealthy hopes to build a successful money-management platform in India and is already in talks with investors for the next round of fundraise that will help sharpen its technological edge and scale up its customer base.

Zishaan Hayath, founder of Toppr said, “People have been waiting for investment advice that’s simple to understand, personalised and easily accessible. Wealthy makes it very easy for anyone to make their money grow. Their experience is similar to the seamless e-commerce or cab booking experience that all of us are so used to. Delightful user interface along with the ability to conclude a transaction within just 3 minutes and without the involvement of any tedious paperwork is a commendable achievement.”

Tags: Abhishek GoyalAngel InvestorArjun MalhotraBusinessCoCubescustomerentrepreneursfintechfundingGagan DugalHarpreet Singh GroverInvestmentInvestopadinvestorsMatrix Cellularmobile appsRohan MalhotrastartupstopprTracxn LabsWealthyZishaan Hayath
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Chinmay Bidkar

Curious, Keen Observant & Dynamic! Chinmay finds peace in meeting people who work hard for humanity. He has new found interest in Gadgets and Techs and at Techstory he gets to write about it! Reach out at- [email protected]

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