Tarrakki Raises Growth Capital In A Pre Seed Round From A Clutch Of Investors
Summary
Tarrakki, India’s comprehensive wealth management platform, today announced that it has successfully raised a fresh round of growth capital to accelerate the product development process and focus on expanding its reach for first time investors. The clutch of investors who have participated in this pre-seed round includes well known industry veterans such as Kiran Shetty - CEO & Regional Head India and South Asia - SWIFT, Asit Oberoi - Managing Director, Asia Pacific, Buckzy Payments and Former Head of Transaction Banking and COO - Yes Bank & Safir Anand, well known investor, IP Lawyer and Strategist. Tarrakki was born with the idea of bridging the existing gap of understanding and simplifying the complex world of investments by making it quick, easy and hassle free while also ensuring an opportunity for wealth creation, irrespective of age or background.” He further adds, “With the fresh round of growth capital, we plan to launch new products and expand our portfolio by offering an extensive range of alternatives to our investors to pick and choose from based on their requirements which includes digi-gold and other alternative investment asset classes. The key markets include Maharashtra, West Bengal, Gujarat and Delhi, where it works with more than 3500+ mutual fund products and 42 asset management companies. With a commitment to make its customers prosperous, Tarrakki offers unbiased investment advice with zero commission on mutual funds and has also started generating revenues in Year 1 of its operations.