India, March 28 -- Investment tech startup smallcase has secured $50 Mn (INR 428.1 Cr) in a Series D funding round led by Elev8 Venture Partners.

The round also saw participation from State Street Global Advisors, Niveshaay AIF, Faering Capital and Arkam Ventures.

The startup plans to deploy the fresh capital to expand its investment product offerings across asset classes, like mutual funds and fixed income, while also eyeing to strengthen its partnerships with financial institutions to enable wider integration and adoption.

Apart from this, the proceeds will be deployed to boost its technology and data analytics capabilities.

Founded by Vasanth Kamath, Rohan Gupta and Anugrah Shrivastava in 2016, the Bengaluru-based smallcase provide...