Mumbai based financial planning startup raised $1.5m of Series A funding, led by ASK Group. MyCFO is working to create packaged solutions for automating many tasks such as compliance services.
It is a Series A fund-raising that will help the business attract senior-level professionals to its team of finance professionals numbering 135 now, enter Western markets, and begin a process of automation in its services. MyCFO is working on tying up with software providers to create packaged solutions for automating some of its tasks such as compliance services. This would help cut costs for MyCFO and accelerate delivery time for the client.