Kredent InfoEdge Pvt. Ltd., a leading FinTech (Financial Technology) company from Kolkata, has announced that it has received Pre-Series A funding from renowned stock market investor Mr. Ramesh Damani and others.
Ramesh Damani has been a member of the Bombay Stock Exchange since 1989. He is well known for his exceptional skills in identifying promising businesses and invests in them for the long term.
This is the first time Kredent InfoEdge Pvt. Ltd. has raised funds from external investors. Over the last decade, it has positioned itself uniquely in the FinTech startup space in India by focusing on financial education and stock market data analytics.
Announcing the investment, Mr. Vivek Bajaj, Managing Director of the company, said, “We are excited to have Mr. Ramesh Damani joining us as an investor. This round of funding is a testimony to the bright future that FinTech startups like us, with a focus on knowledge, have. Kredent InfoEdge has always been on a mission to spread financial literacy in India and this investment made by Mr. Damani will enable us to introduce new and innovative products that will help the participants to build a career and the investors, traders, and professionals to profit from the markets.”
Mr. Ramesh Damani said, “I have closely watched the journey of Kredent InfoEdge over one year and its intense focus on innovation has always given me a lot of confidence. Empowering retail investors is the need of the hour and Kredent has already made its mark in the FinTech industry and now I am excited to be able to further catalyze its growth as an investor.”
Kredent InfoEdge is currently developing new products that will bring investment in various financial assets. catalyze a people of India. It is committed to improving the well-being of every Indian and securing their financial future by enabling them to make educated, decisions backed by the right data and decision support tools.
Source: PR Newswire
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