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Wealth management platform Nivesh raises $1.6m led by Indian Angel Network
Photo: Reuters
May 4, 2021
Wealth management platform, Nivesh, on Tuesday said it has raised $1.6 million, led by Indian Angel Network (IAN) Fund. The round also saw participation from other angel investors including LV Angel Fund.
According to the company, the freshly infused capital will be utilised for expansion of its product portfolio, specifically towards introducing newer insurance and credit products. The company is also expected to use the funding towards technology enhancement by bringing in automation and user personalization.
Five-year-old Nivesh is a technology platform that allows mutual fund distributors to list and distribute their financial products to consumers in a digital-first manner. Apart from mutual funds, the platform also allows distributors to list other products, including corporate fixed deposits and insurance.
Medix Global announces winners of its inaugural Digital Health Innovation Challenge India ANI | Updated: Apr 30, 2021 10:49 IST
Mumbai (Maharashtra) [India], April 30 (ANI/BusinessWire India): Fitterfly, a digital health tech start-up, was announced as the winner of the inaugural edition of Digital Health Innovation Challenge India hosted by Medix Global, a leading global provider of innovative and digital health and medical management solutions.
The Navi Mumbai based startup offers personalised digital therapeutics programmes for diabetes, pregnancy, and PCOS and obesity to deliver health outcomes. With Covid-19 pushing remote monitoring and digital therapeutics to the forefront of medicine and India often referred to as the diabetes capital of the world, the startup is well poised to help solve difficult problems through innovative solutions with a potential to impact a significant proportion of India s population.
The Navi Mumbai-based start-up offers personalised digital therapeutics programmes for diabetes, pregnancy, and PCOS and obesity to deliver health outcomes