Equanimity Venture Fund backs fintech startup Sqrrl in pre-Series A round
Summary
“The Sqrrl team is working hard to reach out to the broader India with its very highly intuitive offering available in nine Indian languages,” said Rajesh Sehgal, managing partner of Equanimity Investments. “We have made a good start by building a personalised recommendation engine using analytics and data science,” said co-founder Singh. “Further, we plan to employ machine learning and artificial intelligence to improve the recommendation engine, customer experience and security.” Sqrrl was incubated at JioGenNext, a startup accelerator program run by Reliance Jio and Microsoft Ventures. Among Sqrrl’s advisors are Shripad Nadkarni, an angel investor and marketing guru; Advait Dikshit, business and change management expert; and Carl Richards, a New York Times columnist and author. In February, Mumbai-based personal finance startup Fincash.com raised Rs 1 crore ($150,000) in a fresh funding round from a group of angel investors from the financial sector.
Funding
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