Investmint
FintechIndiaClosed 2024
Total Raised
Undisclosed
Peak Valuation
Undisclosed
Employees
—
Year Collapsed
2024
Business model
Stock trading and investment app targeting first-time retail investors in India.
In brief
Aimed to simplify stock market investing for first-time Indian retail investors during a period of surging retail trading interest. Unable to secure follow-on funding in the tightening 2024 Indian fintech environment, it entered insolvency proceedings, committing to return 25% of…
See the What Happened tab for the full account.
Key facts
- Founded
- 2021
- Closed
- 2024
- Headquarters
- India
- Industry
- Fintech
- Employees
- —
- Revenue
- Undisclosed
- Founders
- —
Related failures
Powa Technologies
2007–2016Fintech · UK
Ran out of funding$180MTally
2015–2024Fintech · USA
Ran out of funding$172MVolt Bank
2017–2022Fintech · Australia
Ran out of funding$154MDash
2018–2023Fintech · Nigeria
Ran out of funding$86MXinja
2017–2020Fintech · Australia
Ran out of funding$70MSynapse Financial Technologies
2014–2024Fintech · USA
Ran out of funding$50M
Often compared with: Zerodha, Groww.