GoldenPi Technologies, India’s foremost fintech platform for retailers, focused on fixed-income investments, has raised $2 million in Pre – Series A funding from domestic investors including High-net-worth individuals. With a vision to make quality debt investing in the bond market an easy, affordable and household opportunity for all, GoldenPi plans to leverage the funding to ramp up the technology stack, outreach programs and expand its team across India.
Co-founded in 2017 by IIT and IIM graduates – Abhijit Roy and Samir Pratihar – GoldenPi acts as an aggregator for bonds and debentures across bond houses, capital market divisions of banks and other players in the markets. The online marketplace is powered by a tech-enabled platform that curate’s information and helps individual/retail investors in decision-making. The company features daily inventory to the tune of INR. 5000 crores for investors looking to invest as little as INR. 10,000. The company had, last year, raised INR 3.5 cr from Rainmatter Capital – a financial technology-focused fund and incubator set up by India’s largest trading start-up, Zerodha.
Talking about the latest funding, Cofounders Abhijit Roy and Samir Pratihar said, “Over the last few years, we have successfully facilitated over 1000 options – bonds and debentures - for individuals and larger households. More than 8 lakhs individual investors having benefited from the platform directly or indirectly across our channels. We’re committed to creating an ecosystem where bond and debentures become a part of mainstream discourse and investment options in India. We will continue to invest in our platform, provide a category leading experience and impact over 100 million retail investors across the country. This round of funding is a step ahead towards our goal and we intend to utilise the funds in the best way possible”