Stratzy raises $800K in pre-seed funding
Stratzy recently raised $800 thousand in pre-seed funding from Leo Capital, Titan Capital, and First Cheque. The capital acquired will be used to enhance leadership and existing talent, obtain regulatory permits, and amp up marketing. The platform is currently looking to reach over 1 million downloads by the end of 2022.
Stratzy co-founder and CEO, Mohit Bhandari said, “While the ultra-rich have a plethora of financial products at their disposal, the regular investor generally finds it challenging to access niche investment opportunities. This is where Stratzy steps in to bridge the gap and offer a simple, user-friendly, and fluid interface that caters to everyone. Our goal is to assist individuals in investing their money in the same way that the affluent and HNIs do. The product has been especially created for the Gen Z that is fueling the industry’s growth.”
The Mumbai-based startup was founded by Mohit Bhandari and Gaurav Sangle earlier this year. The investment advisory platform offers data-backed strategies for user investments.
Commenting on the investment, Leo Capital founder Rajul Garg stated, “The pandemic has seen a spike in the number of first-time investors and several of them belong to the millennial and Gen Z population who not only need an easy to use investment platform but also want to participate more actively in the investment decision-making process as opposed to the previous generation. However, the current solutions in the market do not cater to these needs and there is room for more innovation to take place in this space. We were impressed by Mohit and Gaurav’s vision and execution capabilities and are excited to partner with them as they go on to transform the investment experience for everyday investors.”
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