Mumbai-based fintech startup Spare8 raised an undisclosed amount in a funding round led by Param Agrawal to reorganize India's Gold Investment landscape.
Round Type
Venture
MumbaiFinancial ServicesSoftwareFinanceInvestors
Description
Spare8 aims to scale its distributor network and enhance its technology with the funds raised. This follows a previous pre-seed round where they secured $800,000 to establish their platform and onboard users.
Quick answer
Spare8 raised an undisclosed amount in a funding round, dated January 22, 2025. Investors: Rajiv Shastri and Param Agrawal. Spare8 is based in Mumbai, Maharashtra, India.
- How much did Spare8 raise?
- Spare8 raised an undisclosed amount in a funding round on January 22, 2025.
- Who invested in Spare8?
- Rajiv Shastri and Param Agrawal are named as investors in this round.
- What does Spare8 do?
- Spare8 is on a mission to create an entire financial inclusion stack with as asset class that every Indian is comfortable with - GOLD!
- Where is Spare8 based and how big is it?
- Spare8 is based in Mumbai, Maharashtra, India. Fundz records about 7 employees.
- Who are the decision-makers at Spare8?
- Fundz holds 1 contact at Spare8. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Spare8 that raised within 45 days of this round, from Fundz verified event records.
Who to call at Spare8, and when
A new round usually means Spare8 is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Spare8 raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Spare8, from your own LinkedIn network
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Related People
Spare8 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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