Finnovate Financial Services Raises $2M Pre-Series A
Finnovate Financial Services raises $2 million in a Pre-Series A round led by angel investors to scale its wealth management platform and expand operations.
Finnovate Financial Services Raises $2M Pre-Series A
Finnovate Financial Services, based in India, a financial planning platform focused on personalized wealth management and investment advisory, has raised $2 million in a Pre-Series A funding round. This latest investment brings the company's total funding to $3 million, following a $1 million round in 2023.
Investors
The funding round was led by a group of angel investors, including Ramakant Deshpande and several other prominent backers.
Finnovate Financial Services Use of Funds
The company plans to use the new capital to accelerate its expansion across key markets, enhance its mobile application, strengthen its technology infrastructure, scale business operations, and expand its marketing initiatives. Funds will also support the launch of new investment products and the company's Multi Asset Portfolio Management Services strategy.
About Finnovate Financial Services
Founded in 2023 by Nehal Mota and Naveen Singh, Finnovate Financial Services is a fintech platform dedicated to helping working professionals and individual investors achieve long-term financial goals through personalized, goal-oriented investment advisory and structured planning services.
Funding Details
Company Website: https://finnovate.in
Company: Finnovate Financial Services
Raised: $2M
Round: Pre-Series A
Funding Date: June 27, 2026
Lead Investor: Ramakant Deshpande
Software Category: Fintech
Source: https://www.siliconindia.com/startup/startup-funding/finnovate-secures-2-million-preseries-a-funding-from-angel-investors-nwid-54870.html
