MOOL NETS A SEED ROUND OF FUNDING FROM NEXTGEN TECHNOLOGY FUND
Mool Innovation Labs, which operates as a SAAS Tax saving & salary optimisation product, has caught the attention of investors and has received seed funding from Next Generation Incubation Scheme (NGIS) of Software Technology Parks of India (STPI). Pontaq Ventures India LLP is the fund manager of the aforesaid fund.
Founded by Seemant Shrivastav and Subhashree Mishra in 2019, Mool is India’s first tax optimization and salary personalization tool that aims to fundamentally change the way people deal with money starting from salary. Mool adds “human intelligence” and employs smart algorithms and machine learning technologies to personalise finance and taxation for all working professionals in India. Mool also offers smart investment and borrowing options. Mool is planning to invest the funds into charging up their go-to-market strategy, product development, and expanding the team.
Mool Innovation Labs is a leading fintech startup that aims to leverage technology for corporate employees by facilitating effective tax planning, smart investments, insurance, and borrowing options. Mool simplifies the personal financial and taxation jargon and makes it accessible to all. With the products of Mool, organisations and employees can now maximise the value of their salaries without a hassle. Mool’s mission is to create a platform to educate everyone, optimise the growth of their money, and empower them with rich facts and proven analysis for decision making.
Mool Nets A Seed Round Of Funding From Nextgen Technology Fund. Congratulations to the entire team. I wish you great success in this endeavour.Shishir Gupta, Founder and CEO, StartupLanes
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