Micro-investing App Deciml Secures Bridge Funding from Notable Investors
- ByStartupStory | April 25, 2023
Deciml, a micro-investing mobile application, has raised a bridge round of funding from an eclectic mix of prominent influencers, personalities, and companies spanning various industries. Among the notable investors are Zakir Khan, Viraj Sawant, Saurabh Abbi, Abhishek Oswal, Chirag Chetan Gandhi, Hemant Ruprell, Shashank Deshpande, Sandeep Kumar Chawda, Rasiklal R. Thakker, Vinit Pardeshi, and Blaze Management Labs LLP.
The company announced that the bridge round serves as an addendum to the pre-Seed round, which raised $1 million from a diverse group of strategic investors, including venture capitalists, entrepreneurs, and innovators such as Unnati Labs, Agility Ventures, and MyAsia VC, along with prominent names like Gaurav Munjal (co-founder & CEO of Unacademy), investor and entrepreneur Dr. Ritesh Malik, Mukund Jha (CTO of Dunzo), Raunak Munot (co-founder of Bombay Shaving Company), and Bhuvan Bam. Other prominent personalities, such as Ranveer Allahbadia, Raj Shamani, Suhani Shah, Praful Billore, Varun Thakur, Viraj Sheth, and Rohit Raj, and startup advisors like Abhishek Ponia, also took part in the pre-Seed round.
Deciml’s founder, Satyajeet Kunjeer, expressed his enthusiasm for the support and knowledge of the diverse group of investors and firms in the bridge funding round. He noted that each investor’s strategic insight and experience would be instrumental in the company’s continued growth and expansion. 
In addition to providing financial backing, each investor in Deciml’s bridge round will contribute their unique expertise and experience as a strategic building block for the startup as it expands. By leveraging their niche knowledge, Deciml intends to explore new product territories, enhance its technology and app experience, and meet the investment requirements of young Indians, the statement added.
According to investor Vinit Pardeshi, “Deciml is the new age solution to a long-term mindset, and I am confident that this platform will cater to millions of young people and individuals from tier II Tier III cities, who are trying their first savings product.”
Deciml is a Pune-based fintech company founded in 2020 by Satyajeet Kunjeer. Its goal is to eliminate the barriers that prevent young Indians from entering the investment world, allowing them to benefit from financial growth and stability.
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