Wealthtech platform Syfe closes $80 million funding round, plans to expand tech team in India

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Singapore-based wealth management platform Syfe has raised $53 million in a fresh funding round, led by two UK-based family offices.

London-based investment firm Unbound and Peter Thiel’s Valar Ventures, both existing investors, also participated in the round.

In August 2024, the company had raised $27 million as part of the same round, and this extension takes the total funds raised in the round to $80 million.

Founded by Dhruv Arora, an IIT Bombay alumnus and previously a senior executive at Grofers (now Blinkit), the startup is a savings and…



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Wealthtech platform Syfe closes $80 million funding round, plans to expand tech team in India


Singapore-based wealth management platform Syfe has raised $53 million in a fresh funding round, led by two UK-based family offices.

London-based investment firm Unbound and Peter Thiel’s Valar Ventures, both existing investors, also participated in the round.

In August 2024, the company had raised $27 million as part of the same round, and this extension takes the total funds raised in the round to $80 million.

Founded by Dhruv Arora, an IIT Bombay alumnus and previously a senior executive at Grofers (now Blinkit), the startup is a savings and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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