Fincash is an online investing platform. Explore Mutual Funds and invest in Top Mutual Funds, Best SIP Plans, Best Equity Funds, etc., in just few clicks. Invest now!

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Mumbai-based fin-tech startup Fincash has raised Rs 1 crore in funding from angel investors Mohammed Khan, founder of Rediffusion and Sameer Narayan, former fund manager of BNP Paribas among others.

Through lumpsum mode, an investor can invest a considerable amount at once instead of investing small amounts at regular intervals. In this situation, people need to have a considerable amount for investment.

Shepard Technologies Private Ltd, which runs Fincash, had raised $100,000 (Rs 64 lakh) mid-last year from several angel investors taking the total funding to $250,000 so far. Besides new investors, existing investors—like Mohammed Khan, the founder of Rediffusion, and Sameer Narayan, the former fund manager at BNP Paribas—from the previous fundraise were the main backers in the current round.

We seek to create a dominant footprint in the untapped Wealth Management space in India.Our offering would be a online platform for investors to be able to transact as well as monitor their investments in mutual funds and other investment/Wealth management products.