Smallcase raises $50 million in funding from Elev8 Venture, others

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Smallcase raises $50 million in funding from Elev8 Venture, others - Business Standard

Quick Summary:

Newly raised money will be deployed for expanding investment product offerings across asset classes and strengthen relationships with retail investors and ecosystem partners, it said.

The company launched in 2016 helps individuals take a diversified approach towards building long-term portfolios, and has witnessed transactions of over Rs 1.2 lakh crore.

Model portfolios platform Smallcase on Friday said it has raised USD 50 million in a new funding round led by Elev8 Venture Partners.