fbpx

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

Don’t keep wondering about funding, you can also raise funds. Learn how to raise funds here: Yes I want to raise funds.

If you are an emerging startup and are looking for investors to raise funds, StartupLanes has its own angel network and investment banking services and is connected to angel investors and VCs in 15 countries that ensure that our member startups have easy access to external funds to scale up constantly.

You can subscribe to our news posts by entering your email in the box on the right side of this page.

Check out our YouTube channel for insightful content from the Indian startup ecosystem.

Or join our Whatsapp group to interact with other founders: Yes, I want to join the Whatsapp group.

The right investment is key to beating inflation and growing your wealth. Do you wish to become an angel investor? Yes, I want to be an angel investor.

Are you a startup and facing challenges in your business? Do you want to grow your business? It is not as difficult as it sounds. Learn how to grow your business here- Yes, I want to grow my business. For any rectifications, reach out to ashu@startuplanes.com

Tags

top