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September 3, 2021

Indian invest-tech platform dezerv raises $7m to bolster growth

By Verdict Staff

India-based invest-tech platform dezerv has raked in $7m in a seed funding round to grow its team as well as launch and expand investment technology platform.

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
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by GlobalData
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The financing round was co-led by Elevation Capital and Matrix Partners India.

The round was also joined by investors such as Whiteboard Capital and Blume Founders Fund as well as tech founders such as Kunal Shah, Ramakant Sharma, Asish Mohapatra, and Ruchi Kalra.

Launched this April by Jethwani, Vaibhav Porwal and Sahil Contractor, dezerv aims to provide working professionals with investment expertise through an integrated portfolio approach as well as expert advisory.

According Jethwani, the platform aims to optimise and maximise return for the client while controlling for the downside that users might see as markets fluctuate over a period of time.

The platform also enables high-net-worth (HNW) users to invest ‘in alternatives, into pre-IPO companies, into startups and high quality bonds’ after reviewing such opportunities.

It also planning to offer portfolio management advisory and branch out to other financial services in the future.

The founder in a joint statement said: “dezerv. will leverage the digital adoption and scalable investment infrastructure of post-pandemic India, coupled with decades of our experience to bring world-class investing to Indian professionals.

“We are excited to launch our unique Integrated Portfolio Approach that looks beyond selecting individual mutual funds, and delivers high-performing portfolios while controlling risk.”

Dezerv competes with the likes of smallcase, and Groww which are vying to untapp the wealth management and investment segment in the country.

Earlier this month, smallcase secured an investment from American e-commerce giant Amazon as part of its $40m Series C funding round.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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