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Wealth Tech platform Vijya Fintech, a B2B platform that offers wealth management solutions to MFDs/RIAs under the brand name ‘Mercury’ has raised $1 Million (Around Rs.8.25 crore) from multiple investors.
The company has received funding from BP Wealth, Narola Infotech Solution, Sagar Investments and GK Globas.
In a communication, Aakash Bansal, Co-Founder and ED, Vijya Fintech said, “We are enormously grateful to all our strategic partners and investors who have shown tremendous confidence, faith and trust in our vision and mission of building “Mercury” A cloud based full stack fully integrated multi asset wealth management platform.”
The company has also inducted new members – Rajesh Soni, Co-Founder and Chairman, Paresh Paladiya, Co-Founder and CTO and Hardik Doshi, ED to its board.
The company said that over 2000 intermediaries like MFDs, RIAs and stock brokers have been using their platform.