Smallcase Raises $50 Million to Expand Investment Product Offerings
Investment tech startup Smallcase has successfully closed a Series D funding round, securing $50 million (INR 428.1 Cr). Elev8 Venture Partners led the round.
Other participants in the funding round included State Street Global Advisors, Niveshaay AIF, Faering Capital, and Arkam Ventures.
According to the company, the fresh capital will be strategically allocated to broaden its investment product offerings across various asset classes, including mutual funds and fixed income instruments. Furthermore, the firm intends to bolster its technological infrastructure and capabilities in data analytics.
This funding round signals continued investor confidence in Smallcase’s growth trajectory within the rapidly evolving investment technology landscape.
