Raise Financial Services rises $22 million funds

Raise Financial Services raised $22 million funds in Series A funding round

Raise, an upcoming fintech services firm. The company will bring quite great products, an excellent user experience. It also aims to fetch better customer services for all users. According to the source, Raise Financial Services has raised $22 million in a Series A funding round. Further, it was conducted under the presence of BEENEXT and Mirae Asset Venture Investments.

Further, this upcoming financial solution firm may raise nearly $15 million in the coming months, said a source.

The fintech startup firm was founded by Pravin Jadhav in January 2021. This startup firm will use recently collected funds in Dhan which stands as an investment platform launched on Nov 202. A source said, With this deployment, the firm plan to develop its products, operations, and customer experience, teams.

Dhan is an investment and trading site, especially for Indian investors. It provides a unique opportunity for all Indians to participate in the growth story of India. Further, it offers around 24 features for investors. Moreover, it plans to introduce a few more features in the coming months.

It remains tied with TradingView to allow users to trade directly in the stock market.

Rocketship.VC, angel, and 3one4 Capital investors, Meesho co-founders, Pine Labs CEO Amrish Rau, Udaan co-founder Sujeet Kumar, neo banking platform Jupiter founder, and Sandeep Tandon of Whiteboard Capital participated in the first round.