Nexus Venture Partners led $2 million seed funding round for Investmint, a trading and investing platform for retail investors. The fresh funding will be used to expand its product, engineering, and quantitative research teams to create a world-class retail investing product.
Anup Gupta, Managing Director, Nexus Venture Partners, added, “The last two years have seen a substantial rise in equity investing in India by retail investors. However, high quality data models have not been easily accessible to retail and do-it-yourself investors. We are excited to partner with them in this journey to catalyse retail participation in stock markets.”
Aakash Goel (previously with Headout and Instamojo) and Mohit Chitlangia founded Investmint in February 2022. (previously with Jupiter Money and CommonFloor).
Commenting on the funding, Aakash Goel, Co-founder and CEO, Investmint, said, “At Investmint, we are building a game-changing product for retail investors and traders who believe in managing their own funds themselves. We are grateful to Nexus Venture Partners as well as many other early believers and angels for backing our vision.”
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