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InvestmentYogi Raises Angel Investment

By : Charmi Gutka | 11 March 2013
Category : Venture Capital

Personal investment portal – InvestmentYogi has raised angel investment from Silicon Vally based angel investor Safa Rashtchy and others, nextbigwhat stated.

With this investment, Safa Rashtchy will be Chairman of the company’s board.

Founded in 2008 by Mamtha Banerjee, InvestmentYogi FinAdvisory Services is a personal finance portal that helps Indians manage their investments, taxes and finances by providing high quality content and tools including online financial planning, online tax preparation, e-filing of taxes, online budgeting and mutual fund research.

The portal also features a tax filing application called TaxYogi and also built a large library of 'How do I' queries that answer your questions related to financial planning.

Recently, Investopresto, the online financial investment and research platform, has raised an undisclosed amount of funds from angel investors based out of Singapore led by Crystal Horse Investments.

Earlier last year Valuefy Solutions was planning to raise $3-5 Mn Series A funds; FundsIndia.com raised R20 Cr in second round of investment from Foundation Capital and Inventus Capital.

In 2010, NetAmbit InfoSource & e-Services Pvt Ltd acquired personal finance portal Rupeetalk.com, which is backed by early stage investor Seedfund.

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KVEZAR VIEW

  DEAL TRACKER FOR
DateTransactionTypeBuyerSize ($mn)
2013-03-11  InvestmentYogi - Angel Investment Venture Capital  Safa Rashtchy
 
 
  Recent Transactions In The Sector
DateTypeBuyerTargetSize ($mn)State
13/06/2013   Venture Capital   HDFC PE   PeopleStrong HR Services Private Limited   -   Completed  
01/06/2013   Venture Capital   Larry Summers   ZoomCar India Private Limited   0.03   Completed  
28/05/2013   Venture Capital   Unknown Investor   Excellence4u Technology Assessments Private Limited   10.00   Completed  
10/05/2013   Venture Capital   Srinath Devireddy   GenY Medium Private Limited   -   Completed  
 
  Profiles

Company

NamePromotersOfficeCompetitorWebsite
InvestmentYogi FinAdvisory Services Private Limited  Mamtha Banerjee Jakka   8-2-332/1/1A/1254, Vishnu Blue Lotus     www.immpl.com
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