Fintech startup iTribe said it raised $1 million in pre-seed funding from a group of investors.
iTribe helps users learn, invest and grow in the stock market. It is a one-stop solution for clients to get real-time news on stocks, advisors and investment ideas without bundles.
The pre-seed round of funding was attended by the leadership team of Cred (Harish, Swami, Sreeni, Ketan), Pearl Agarwal (Eximius Ventures) and angel investors such as Aravind Sanka, Pavan Guntupalli and Rishikesh SR (Founder of Rapido). Reeju Datta (founder of Cashfree), Gaurav Dahake (founder of BitBns), the company said.
Nikhil M, co-founder of iTribe, said, “As users seek more personalized financial services and collectively move to digital, the fintech industry is also embracing the opportunity.”
The company plans to use the funds to develop new technology tools that will make frontline adoption much more accessible and accelerate the organizational adjustment needed to deliver results, it said.
