Fintech startup: Leaf Round raises $300K in pre-Seed round via VC Firm Upsparks, others

• ByStartupStory     |    April 14, 2022

Leaf Round, the fintech startup, has raised $300K in its pre-seed round from micro VC firm Upsparks, Superb Capital and senior business leaders from Barclays, McKinsey, Bain, and Adobe. 

In order to further its product building efforts and create market awareness about the company and its offerings, Leaf Round will use the funds. Building a highly scalable tech stack and focusing on content driven marketing to enhance the understanding of the product, it will also be doubling down on its efforts in hiring the right talent.

Leaf Round founded by Nishchay Nath, Soumya Kushwaha and Avinash Verma, offers asset renting as an alternative investment product and since its launch in April 2022, it has witnessed strong traction from its early users.

With an average ticket size of Rs 54K and repeat rate of 29%, the investments have been growing by 50% MoM, in its private beta stage.

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