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Stock market researcher Univest raises $10 mn from Bertelsmann India

Business Standard LogoBusiness Standard7h ago

Stock market researcher Univest raises $10 mn from Bertelsmann India - Business Standard

Quick Summary:

SEBI-registered stock market research platform Univest has raised USD 10 million (about Rs 85 crore) in a funding round led by Bertelsmann India Investments (BII).

The funds will be deployed towards scaling the Gurgaon-headquartered firm's offerings, while maintaining a focus on delivering personalised user experience, Univest co-founder and CEO Pranit Arora said.

The funds will enable us to scale our research-first, full-stack brokerage offering, creating India's first true stock market superapp for retail investors.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 17:59:43 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 251 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24597023

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 258 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Publisher ID: #49

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