Bengaluru-based ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/wealthtech-startup” target=”_blank”>wealthtech startup PowerUp Money has raised $7.1 million in its first major institutional funding round, led by early-stage investors rel=”dofollow” href=”https://economictimes.indiatimes.com/accel-ltd/stocks/companyid-8903.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Accel, ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/blume-ventures” target=”_blank”>Blume Ventures, and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/kae-capital” target=”_blank”>Kae Capital.
The round also saw participation from 8i Ventures, DeVC.
Founded in April by Prateek Jindal, who was previously the cofounder at ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/uni-cards” target=”_blank”>Uni Cards, the startup offers direct mutual fund investments to retail investors.
“The venture was initially built as a separate platform but within Uni Cards. Post this funding round, the firm and the team have been hived off from…
