Fintso, a wealth management platform, announced it has raised $2.6 million in maiden funding round led by a set of individual angel investors, including Rajeev Juneja (CEO of Mankind Pharma), Pratul Shroff (Founder of eInfochips), Dilip Khandelwal (MD and Head of Technology, Asia Pacific, Deutsche Bank), Piyush Gupta (Group CFO, HT Media), and a few other general partners of consumer VC funds in India.
According to the statement issued by the Startup, the company will utilise the funds to build a state-of-the-art platform that helps IFAs (Independent Financial Advisors) to nurture client relationships, enable seamless operations, and help them enhance productivity.
Also, the funds will be utilised to strengthen its operations and servicing teams to offer real-time support to its audience.
Commenting on the investment, George Mitra, Co-founder and CEO of Fintso, said, “We are extremely happy to have investors who believe in what we are doing and are providing much more than capital – by sharing their knowledge and experience. Their experience in having started and built-out enterprises, and being professionals who steer large organisations, will be invaluable for Fintso in its journey.”
Fintso was founded in 2019. The company is an in-progress platform that aims at providing smart solutions for the Financial Advisory Ecosystem in India. Equipped with intelligent technology and deep domain expertise, Fintso will extend opportunities and enhance the growth of Indian entrepreneurs in the financial advisory and management space. Fintso will cater to Independent Financial Advisors, Product Manufacturers and Vertical Aggregators.
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