Thursday, April 27, 2017

MintWalk raised undisclosed amount funding from former Religare CEO Shachindra Nath

Financial solutions startup MintWalk has raised undisclosed amount of funding from Poshika Financial Ecosystem Pvt. Ltd which is owned by former Religare CEO Shachindra Nath.

As a part of the deal Shachindra Nath will work as chief mentor.

MintWalk, which is operated by GetClarity Fintech Services Pvt. Ltd, leverages machine learning techniques and a unique user experience to create a personalised set of life goals for each user. To achieve these goals, it recommends a customised portfolio of mutual funds for the user to invest into.

Also read: Educational startup eShiksa raised undisclosed amount of funding

MintWalk relies on analytics, patterns, transactions and feedback data to upgrade itself and provide relevant user experience. Apart from guidance on investments, it provides periodic review of investments in tune with user’s financial goals. It also suggests course correction or modification in investments. The app is live on Google Play Store.



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