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Indian wealthtech startup Univest raises $10m series A
Wealthtech startup Univest has raised US$10 million in a Series A funding round led by Bertelsmann India Investments (BII).
A group of undisclosed angel investors also participated.
The funds will be allocated towards developing a mobile application for retail investors, according to a statement from the Gurugram-based company.
This application is intended to provide personalized investment recommendations based on users’ financial goals and risk tolerance.
Recent Wealthtech developments
| Timeline |
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17-Dec-2024 💼 Indian wealthtech AI startup Mili raises $2m seed funding
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18-Aug-2023 💼 ID wealthtech startup Pluang axes 10% of staff
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12-Sep-2022 💰 SG wealthtech investment grows 7x, outpaces region: report
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25-May-2022 📈 How wealthtech became a US$14b industry
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10-Nov-2021 💸 Indonesian wealthtech firm banks $4.5m in pre-series A round
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