Finly raises undisclosed amount in funding from AngelList India

Finly, a finance management & governance Suite, has raised undisclosed funding from Social Capital, AngelList India, Gemba Capital, Omphalos Ventures, and 91springboard via Atal Innovation Mission and Niti Aayog. The company was founded by Vivek AG and Veekshith C Rai in 2015.

The company will utilize these funds to expand product offerings with a focus on enhancing the intelligence layer and to handle the next phase of growth.

In a media statement, Veekshith Rai, co-founder and COO, Finly, said, “Our goal is to help CFOs and their key executives have more time to focus on their organization’s strategic priorities. We believe that technology will help finance professionals to spend less time and effort in day to day operations and focus on more critical tasks of analyzing and tracking key metrics relevant to the company’s growth.”

Finly provides organizations with complete visibility into its spending, while keeping all company business systems in sync and offering the most dynamic reporting in the market. Their goal is to provide finance teams with tools and data that enable them to have real-time insight into their spends to make better strategic decisions and remove all spend management hurdles as the business scales.

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HrNxt Newsdesk

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com. 

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