Deep Tech-Enabled Equity Investments Startup, Fabits Raises Pre-Seed Round from India’s Leading Wealth Management Firm – WMUIndia
Round Type
Pre-Seed
BengaluruFinancial ServicesInvestors
Description
Fabits has announced its pre-seed round led by WMUIndia, one of India’s leading wealth management firms. The funding will enhance Fabits' deep tech model to make more accurate predictions and provide better investment strategies for customers. It will also be used to expand its B2B initiatives in the mutual fund distribution industry and facilitate the core product’s technology, offerings, growth, and other strategic collaborations with key players.
Quick answer
Fabits raised an undisclosed amount in a Pre-Seed round, dated January 26, 2024. Investors: Wmu India. Fabits is based in Bengaluru, Karnataka, India.
- How much did Fabits raise?
- Fabits raised an undisclosed amount in a Pre-Seed round on January 26, 2024.
- Who invested in Fabits?
- Wmu India is named as investors in this round.
- What does Fabits do?
- Fabits is a goal-based investment platform that enables users to begin their financial investment journey in an effortless manner.
- Where is Fabits based and how big is it?
- Fabits is based in Bengaluru, Karnataka, India.
- Who are the decision-makers at Fabits?
- Fundz holds 1 contact at Fabits. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services around the same time
Companies in the same sectors as Fabits that raised within 45 days of this round, from Fundz verified event records.
- Flagstone raised $141M on March 11, 2024.
- BlackSoil raised $100M on March 11, 2024.
- Rakeez Financial raised $2M (Seed) on March 11, 2024.
- CHERUB TECHNOLOGIES raised $1M (Seed) on March 11, 2024.
- Griffin Bank raised $24M (Series C) on March 11, 2024.
- AuthPay raised $450K (Pre-Seed) on March 11, 2024.
Who to call at Fabits, and when
A new round usually means Fabits is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Fabits raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Fabits, from your own LinkedIn network
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Related People
Fabits raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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