[Funding alert] smallcase backs Tickertape with seed funding of $5M for more collaborative investing
Summary
Ujjwal is a serial entrepreneur with a diverse fintech background, having built products and teams from scratch in his previous roles at Slice, Edelweiss and Deutsche Bank. Tickertape is a two-and-a-half-year-old platform that provides information, analytical tools and transaction capabilities across multiple investment products with a 50-member team. Tickertape will use the seed capital from smallcase to build India’s largest collaborative social platform focused on investments and personal finance, it said in a statement. Speaking about the investment, Vasanth Kamath, Founder and CEO, smallcase added, “Tickertape was launched with an aim to offer institutional-quality resources to the individual investor. Over the last two years, Ujjwal and team have scaled the platform with data, tools and content to become a core part of the investor’s toolkit.