Fintech Startup Bright Money Raises $31 Mn Led By Sequoia Capital India, Others
India, Sept. 16 -- With existing and upcoming fintech players foraying into the financial advisory and wealth management space, Bengaluru and San-Francisco-based wealth management startup Bright Money, which provides its proprietary artificial intelligence (AI) algorithm, has come out of stealth mode and secured $31 Mn in funding from Sequoia Capital India, Falcon Edge Capital and Hummingbird Ventures.
The round also saw participation from angel investors including InMobi's Naveen Tewari and Abhay, CRED's Kunal Shah, Jupiter's Jitendra Gupta, Zalora's Gunjan Soni, Uber's Pradeep Parameswaran and tech investor Ram Shriram.
Founded in 2019 by ex-InMobi executives Avi Patchava, Varun Modi and Amit Bendale, and ex-Mckinsey Petko Plachkov, B...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.