Online Investment Platform Kuvera Raises $4.5 Mn from Fidelity's Eight Roads

Online Investment Platform Kuvera Raises $4.5 Mn from Fidelitys Eight Roads

  • Bangalore-based, an online platform for mutual fund investments, has raised $4.5 million in a Series A funding from Eight Roads Ventures , the investment arm of Fidelity International, reported LiveMint .
  • Founded in 2016, by Gaurav Rastogi (IIT Delhi) and Neelabh Sanyal (IIM Bangalore), is an online data driven investment and financial planning platform that offers zero-fee mutual fund investment platform which provides an option to set investment goals.
  • Fidelity, which is making such strategic investments from its balance sheet, had set up a global team too look for investment opportunities in the fintech space across India, China, the UK, Singapore, and Hong Kong to add strategic value to Fidelity's global operations in investment management.
  • Eight Roads has recently invested in Moneybox, a saving and investment platform in the UK.

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