Smallcase raised $50 million in its Series D funding round led by Elev8 Venture Partners to enhance its technological capabilities and continue its growth in the Indian wealth management market.

Information on the Target

Smallcase, founded in 2015 by Vasanth Kamath, Anugrah Srivastava, and Rohan Gupta, is an Indian financial technology platform designed to simplify the investment process for retail investors. The platform allows users to invest seamlessly in a diversified portfolio of stocks or ETFs with just a single click, making stock selection unnecessary. This innovative approach not only streamlines the investment experience but also caters to the growing demand for personalized investment solutions.

By offering customized portfolios, termed 'smallcases', which are based on specific investment themes or strategies, Smallcase has differentiated itself in the wealth management sector. With the recent infusion of funds amounting to $50 million in its Series D round, the company is set to enhance its technological and data analytics capabilities, enabling more informed investment decisions for its users.

Industry Overview in India

The wealth management industry in India has been undergoing significant transformation over recent years. With the rise of digital platforms, traditional investment models are increasingly challenged