Alternative Investments Firm Leaf Round Raises $300K In Pre-Seed Funding

Leaf Round will use the funds to further its product building efforts and create market awareness about the company and its offerings

Leaf Round, an alternative investments platform has raised $300K in a pre-seed funding from micro VC firm Upsparks, Superb Capital and senior business leaders from McKinsey, Bain, Barclays and Adobe. Leaf Round will use the funds to further its product building efforts and create market awareness about the company and its offerings. It will also be double downing its efforts in hiring the right talent, building a highly scalable tech stack and focusing on content driven marketing to enhance the understanding of the product.

Leaf Round is a fintech start-up that offers asset renting as an alternative investment product and has witnessed strong traction from its early users since its launch in April 2022. Leaf Round was founded by Nishchay Nath, Soumya Kushwaha and Avinash Verma, in order to solve the problem of wealth creation for the average Indian investor. In its private beta stage, the investments have been growing by 50% MoM with an average ticket size of INR 54K and repeat rate of 29%. Leaf Round is a platform where investors can buy and rent assets such as furniture, IT equipment and more, to earn high yields in the form of monthly rentals.

“We are making it easy for the Indian investor to create wealth by taking a common concept of real estate rentals and extending it to assets that companies require. We aim to target the MSME credit gap of $345 billion as an investment opportunity, which can be plugged using leasing. There is massive potential in this space and the success of this funding round gives us the boost needed to achieve the goals of our product and create an impact on the Indian investor,” said Nishchay Nath, Co- founder, Leaf Round.

Mohamad Faraz, Founding Partner, Upsparks, said, “The founders of Leaf Round have exceptional expertise in private equity, consulting and technology backgrounds and rich experience in merging the worlds of finance and technology. Fractional investment is a niche area in India with a lot of scope to drive economic growth in the country. The kind of knowledge and tech capability that Leaf Round brings to the table is par excellence and can simplify the investment process for the average Indian consumer.”

"The work done by the Leaf Round team is incredible. The software product is clear, intuitive and responsive, the support is top notch and the asset backed deals are breaking new ground for retail investors,” said Vineet Sharma, Senior Director Engineering, Adobe.

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