Zerodha-backed Rainmatter Investments has acquired a majority stake in digital pension app PensionBox through a mix of primary and secondary transactions for $2 million.
PensionBox founder Kuldeep Parashar said the fresh capital, along with earlier investments, will support the company’s scaling plans over the next one to two years. He declined to disclose the valuation.
According to filings accessed by Entrackr, Zerodha acquired a 51% stake in the Bengaluru-based startup, providing a complete exit to early investors including 100X.VC, SAT…

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