New Delhi: Micro-investing mobile application, Deciml has secured a bridge round of funding from a diverse group of well-known influencers, personalities, and companies across various industries. Notable investors include Zakir Khan, Viraj Sawant, Saurabh Abbi, Abhishek Oswal, Chirag Chetan Gandhi, Hemant Ruprell, Shashank Deshpande, Sandeep Kumar Chawda, Rasiklal R. Thakker, Vinit Pardeshi, and Blaze Management Labs LLP. The app allows young Indians to automatically invest their spare change.
This round is an addendum to the pre-seed round raised in June 2022 of $1 million from strategic investors that includes venture capitalists, entrepreneurs, and innovators such as Unnati Labs, Agility Ventures, and MyAsia VC, and noted names such as Gaurav Munjal, Co-Founder & CEO of Unacademy; Entrepreneur and Investor Dr. Ritesh Malik; CTO of Dunzo, Mukund Jha; Raunak Munot, Co-founder of Bombay Shaving Company, and Bhuvan Bam. Other noted names such as Ranveer Allahbadia, Raj Shamani, Suhani Shah, Praful Billore, Varun Thakur, Viraj Sheth, and Rohit Raj, as well as startup advisors like Abhishek Ponia had also participated in the pre-seed round.
Founded in 2020, the Pune-based company is helmed by CFA Level 2 and experienced entrepreneur Satyajeet Kunjeer, who has been working to encourage more young Indians towards savings and simplify their entry into the investment ecosystem. So far, the app has received two lakh downloads.
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