Funding Round · Wealthtech · 2024

ZFunds secures Rs 25 crore Series A from Elevation Capital

ZFunds raised $3M Series A equity funding led by Elevation Capital on December 3, 2024.

Primary
ZFunds
Counterparty
Elevation Capital
Amount
$3M
Structure
Series A equity funding
Date
December 3, 2024
Sub-sector
Wealthtech

ZFunds powers offline wealth agents to compete with direct mutual fund platforms and serve last-mile distribution in India's high-growth MF market.

Primary company
ZFunds
Counterparty
Elevation Capital
Amount
$3M
Event date
December 3, 2024
Sub-sector
Wealthtech
HQ
Not disclosed
Structure
Series A equity funding
Source published
December 3, 2024
Publisher
Economic Times

Source: economictimes.indiatimes.com