Mumbai based personal wealth management startup Fisdom raised a $4m Series B led by Quona Capital
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Fisdom Raises $4 Million in Series B
isdom lets consumers manage investments from their mobile phones in an easily accessible and intuitive interface, and without compelling them to buy a particular financial product. Everything from onboarding, advisory, transactions, tracking and rebalancing is completely digital and automated. Customers may also go through a quick diagnostic "financial health" survey to identify key areas of focus including tax, savings, investments and insurance. In the last one year, Fisdom apps have facilitated more than 100,000 mutual fund investments worth more than $15 million in assets. Nearly 95% of the customers access Fisdom through the mobile apps. Over the past year, Fisdom has successfully developed and executed strategic partnerships, including those with Bank of Baroda and Lakshmi Vilas Bank, to offer smart financial solutions to their customers.
