The fresh funding will help the company to scale its operations, including hiring fresh talent to build a world-class team as well as bolstering technology. The new investors join an elite set of advisors and investors that include the likes of Umang Bedi of DailyHunt; Bahram Vakil of AZB & Partners; Rama Bijapurkar, renowned board member; and Andre Mohamed, former head of wealth and trading for Revolut, Winvesta said in a press statement.
“This helps us lay the foundation for targeting the cross-border flow opportunity of over $700 bn for India and beyond. This investment is in the run-up to our pre-Series A round,” said Swastik Nigam, founder and chief executive officer at Winvesta.
Winvesta, founded in 2019, offers Indian investors an avenue to invest in global financial markets such as the US and European Union. The company is among one of the top platforms for buying and selling global financial instruments for Indian investors.
“We are excited to partner with Winvesta, who we believe is disrupting the financial services space by making global banking and investing accessible for Indian customers. With this investment, Speciale will continue to fuel Winvesta’s efforts in redefining and innovating, backed with excellence and great expertise,” said Vishesh Rajaram, managing partner at Speciale Invest.
