Zactor Tech Secures Pre-Seed Funding at $3 Million Valuation, Aims to Revolutionize Personal Finance
- ByStartupStory | March 2, 2024
Financial wellness and literacy brand Zactor Tech has successfully raised an undisclosed amount in its pre-seed funding round, achieving a valuation of $3 million. The funding was co-led by High Net Worth Individuals (HNIs), indicating strong investor confidence in the company’s vision.
In a press release, Zactor Tech announced that the newly acquired funds would be strategically allocated to product development, user acquisition, and further enhancing financial literacy initiatives. Co-founded in 2023 by Abhishek Walia and Shivam Parihar, Zactor Tech stands as a digital platform dedicated to revolutionizing personal finance through technology.
Zactor Tech addresses various facets of personal finance, including goals, investment strategies, retirement planning, and insurance. The founders, leveraging their extensive 7 years of experience in wealth management, aim to fill the significant gap in the personal finance sector by establishing India’s premier financial wellness platform. Their goal is to provide a personalized financial path for every individual.
“We believe in leveraging technology to make personal finance accessible to all. Zactor is not just a platform; it’s a financial wellness companion,” commented Abhishek Walia, Co-founder of Zactor Tech.
The platform offers users a goal-based saving system, empowering individuals to manage and enhance their financial wealth effectively. Zactor Tech has reported an impressive monthly user growth rate of 2x over the last six months, underlining the increasing demand for its services.
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