Vijya Fintech Raises Rs 7 Cr in Angel Round Funding
- ByStartupStory | March 5, 2024
Wealth tech platform Vijya Fintech Private Limited (VFPL) has secured Rs 7 crore in an angel round, raising the total investment to Rs 15 crore. The investors in this round include Lemon Tech, Lemon Emerging Ventures, Veloce Fintech, and tech experts.
According to VFPL, the funds will be strategically deployed to fuel growth initiatives, bolster go-to-market strategies, and broaden market penetration.
“We are excited to leverage this funding to further enhance our market presence and offerings,” said Aakash Bansal, Co-founder of VFPL. Founded by Aakash Bansal and Paresh Paladiya, VFPL’s wealth management platform facilitates seamless integration for investors, distributors, advisors, and stockbrokers, delivering comprehensive insights and solutions to financial intermediaries.
The company boasts a user base of over 2,000 intermediaries, including mutual fund distributors (MFDs), registered investment advisors (RIAs), and stockbrokers.
VFPL also announced plans to launch MIDASX, an innovative B2B2C marketplace aimed at revolutionizing financial interactions.
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