India based mutual fund investing platform, Groww, has raised $1.6m in a pre-series A round of funding led by Insignia Ventures Partners, YC.
Tan Yinglan, founding managing partner, Insignia Ventures Partners, said, “Groww is the right idea, at the right time, to enable and empower a new generation of investors in India to build their financial future at a younger age, and we’re excited to be on the ground floor of this sea change. The Groww team are doing a great job building a trusted relationship with customers with its simple and convenient product offering.”
https://inc42.com/buzz/y-combinator-backed-groww-raises-1-6-mn-pre-series-a-funding/