Chhotastock raises pre-seed funding from investors led by SC Innovations Fund
Summary
Based on the principle of inclusivity, Chhotastock will also give small investors access to the upcoming LIC IPO. Mithun Tantri, founder and CEO of Chhotastock said the product-led company with a goal to help increase the penetration of equity investments by three times in India, making it affordable for all. “Our aim is to create wealth for the 290 million underserved small investors in the country,” he said. The company is confident of quickly raising more growth capital in the coming future to support its expansion plans. “We are bullish about deploying our resources to realise our vision of attracting new investors to equity markets," he added.
Funding
Amount
$360.0K
Total raised
Date
March 3, 2022
Announcement date
Investors
-
Lead investors
Company
https://chhotastock.com/
Funded company
Classifications
industries
No industries detected
applications
Web and Content Management
AskAI Classifications
Labels
Operating Systems
Consumer Software
Cloud Services
Linked Companies
Apple Inc.
$1B+