Bengaluru-based millennial finance platform Stack Finance has raised an undisclosed seed round from SOSV (an early-stage venture capital fund in the US) and MOX – its Mobile Only Accelerator. The round also saw participation from AngelList India and IIIT Hyderabad Seed fund along with prominent angel investors including Rohit Chanana (former president of HeroCorp), Ajith Karimpana (Founder and CEO of Furlenco), Ujwal Boyalla (Director of Vedanshu Investments) and Rebalance angels. Stack Finance plans to utilise the seed capital to deepen its tech infrastructure and expand the team.
Fintech startup Stack Finance raises seed capital from SOSV, AngelList, others
Date posted: Wednesday 19 August 2020