Fintech Startup CapitalSetu Successfully Raises Seed Round Funding
- ByStartupStory | May 17, 2023
CapitalSetu, a fintech startup, secures $350K in seed funding round with Real Time Angel Fund as the lead investor. Notable individuals like Ashish Kacholia, Vikas Khemani, Rajat Mehta, Sunaina Bhattacharya, and others also join as investors.
CapitalSetu plans to utilize the raised funds to expand its range of technology products catering to businesses within the upcoming year. Additionally, the funding will facilitate the hiring of crucial team members and drive the company’s market share growth.
CapitalSetu, established by Pankaj Goel and Ayushi Gupta, serves as an aggregator for small and medium manufacturing businesses in the domain of supply chain financing. With a current presence throughout India, the company aims to assist customers in saving both time and money through its supply chain financing solutions, which are competitively priced and unmatched in quality.
Real Time Angel Fund (RTAF), an early-stage investment fund, recently secured a funding of Rs 125 crore. Since its establishment, RTAF has made investments in 10 startups spanning various sectors such as healthtech, fintech, and agritech.
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