MoneyPlanned raises Rs 2.5 Cr.

MoneyPlanned, a fintech startup, raised more than Rs 2.5 crore in a seed round that was coordinated by Inflection Point Ventures. A number of additional angel investors have also invested in the round, including Expert Dojo, Joseph R. Saviano, Sameer Khan, and others.

The company claimed in a news release that the money will go toward marketing, user growth, upgrading technology infrastructure, and employment.

MoneyPlanned, which was established in July 2020 by Sameer Shashank Gattupalli and Nikhila Putcha, enables customers to define and meet financial objectives. The business states that it has assisted users in tracking objectives worth Rs. 6,500 crore. Along with offering a comprehensive financial picture, it also makes investments, loans, insurance, and tax preparation easier. More than 35K active users per month are presently using MoneyPlanned. The business contends with a number of rivals, including IndMoney, UpWealth, and MintWalk.

Recent investments made by Inflection Point Ventures include Bored Beverages, Winuall, Webnyay, SanchiConnect, VsnaU, and The Health Company.

The rate of investment in seed and pre-seed stage firms has increased recently. According to Fintrackr’s data, 45 startups raised money in seed and pre-seed rounds out of 119 deals in August. More than 30 firms have announced their seed rounds in the current month.

About MoneyPlanned

MoneyPlanned simplifies your financial goals and investments, giving your money a purpose and a plan that suits you best. At the cusp of transformation, we are building the technology, UX, design, methodologies & workflows that will radically simplify the way money is managed & financial goals are achieved.

When was MoneyPlanned founded?

MoneyPlanned was founded in 2020.

Who is the founder of MoneyPlanned?

Founded by Sameer Shashank Gattupalli and Nikhila Putcha in 2020, MoneyPlanned is a platform that offers comprehensive financial goal planning, automated advice across asset classes, simple and easy transactions along with financial footprint consolidation.

Is MoneyPlanned hiring?

Currently, MoneyPlanned is not hiring.

What is the team size of MoneyPlanned?

As per the popular social media site LinkedIn, MoneyPlanned has 8 employees.

Where is the head office of MoneyPlanned?

MoneyPlanned is located at Bangalore, Karnataka.

How much is the revenue of MoneyPlanned?

MoneyPlanned has not publicly revealed the revenue in the last round of funding.

MoneyPlanned seems to be promoting new financial services platforms. Congratulations on your startup. May this new business bring you huge success and fulfillment.

Shishir Gupta, Founder and CEO, StartupLanes

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