Wealth Management Startup Kuvera Raises $4.5 Mn From Eight Roads
This investment deal came at a time when the startup is looking to increase its use of artificial intelligence (AI).
- Bengaluru-based wealth management startup Kuvera has raised $4.5 Mn (INR 31.2 Cr) in Series A funding from UK-based venture capital company Eight Roads.
- This investment by Eight Roads was made through its newly formed Fintech Strategic Investments team being led by Alokik Advani.
- The round saw participation from a clutch of angel investors including Baskar Subramanian (cofounder, Amagi Media Labs); Saket Kumar (managing director, Swank Capital), Gaurav Suri (managing director, Livermore Capital) and Ankit Kesarwani of New Vernon Investment Management.
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