Elevation Capital led the $3.6 million (INR 30.2 crore) seed funding round for wealthtech startup Infinyte.Club.
Many angel investors participated in the round as well, including the founder of CRED Kunal Shah, the cofounder of Meesho Vidit Aatrey, the CEO of Unacademy Gaurav Munjal, the CEO of invideo Sanket Shah, the founder of ACKO Varun Dua, and the cofounder of Razorpay Harshil Mathur.
The Bengaluru-based startup intends to grow its staff and enhance its technology stack with the additional funding.
“We’re determined to use the money to assemble the greatest engineering, product, and design talent to advance our mission. The cofounders stated, “We think having the right talent is crucial to driving our vision forward.”
Being the most intelligent and talented people in the nation right now, our members are the ones who our product is made to grow with. We think that these astute investors require products that match their degree of intelligence and inventiveness. Ankita Tandon and Joylita Saldanha, the cofounders of Infinyte.Club, said in a joint statement, “We want to make sure that these talented individuals, who have been instrumental in building the startup landscape, are fully equipped to capitalise on their contributions to this burgeoning tech landscape and realise their wealth ambitions.
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