PowerUp Money Bags $12 Mn To Expand Mutual Fund Advisory

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SUMMARY

PowerUp Money has raised $12 Mn (about INR 107 Cr) in its Series A funding round led by Peak XV Partners. The round also saw participation from existing investors Accel, Blume Ventures and Kae Capital, 8i Ventures, and DeVC

The startup plans to use the fresh capital to strengthen its research team, scale its paid advisory product PowerUp Elite, and launch a high-touch managed advisory offering PowerUp Infinite

The startup allows users to review their mutual fund portfolios for free using MFCentral data combined with its in-house…



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PowerUp Money Bags $12 Mn To Expand Mutual Fund Advisory


SUMMARY

PowerUp Money has raised $12 Mn (about INR 107 Cr) in its Series A funding round led by Peak XV Partners. The round also saw participation from existing investors Accel, Blume Ventures and Kae Capital, 8i Ventures, and DeVC

The startup plans to use the fresh capital to strengthen its research team, scale its paid advisory product PowerUp Elite, and launch a high-touch managed advisory offering PowerUp Infinite

The startup allows users to review their mutual fund portfolios for free using MFCentral data combined with its in-house…



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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