July 02,2016: Wealth management app WealthTrust has raised an undisclosed amount of seed funding from India Quotient.
WealthTrust is an All-in-one app which helps you track your networth, Analyze cash flows, pay bills and manage expenses. Founded in September 2015, Wealthtrust was conceptualized by Nisarg Gandhi and Jasmin Gohil. While Nisarg was a former ISRO scientist, Jasmin is a tech expert. Currently it has six-member team.
The app is available on Google Play store and has more than 5000 downloads. It claims to have assets worth 2.5 Cr under its wealth management in less than 30 days.
The startup will use the newly raised funds to strengthen the team and enhance the product and technology.
Prior to this, in February 2016, Stock market investments platform,Tauro Wealth, has raised an undisclosed amount of seed funding from TracxnLabs and a few angel investors. Other players in this segment include Tipbazaar, Scripbox, Fisdom etc.
Also Read: Mumbai-Based Venture Catalysts Raises $500K
Mutual Fund Start-Up ‘Scripbox’ Raises Series-B Funding From Its Investors
