India-based Fintech startup Curie Money has secured $1.2 million in a seed funding round led by India Quotient. Institutional investors and angel investors participated.
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According to Curie Money, the newly raised capital will be used to extend and augment its core team, develop new products and technology, grow technology capabilities, and establish strategic partnerships to boost growth and enter new markets for current accounts and MSME spaces.
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Arindam Ghosh, Co-founder of Curie Money, said, “This funding is a testament to the market need for an integrated solution that combines the high returns of mutual funds with the convenience of banking. With the support of India Quotient and our investors, we are well positioned to redefine personal finance and expand our reach.”
Madhukar Sinha, partner at India Quotient, said, “Curie Money is at the forefront of a significant shift in the way people manage their finances. By seamlessly integrating mutual funds with banking and payments, they are empowering users to maximize their financial potential. We are excited to support Arindam, Tushar, and the team as they scale this innovative solution.”
About Curie Money
Curie Money, founded in 2022 by Arindam Ghosh and Tushar Choudhary, is India’s first high-yield neo-bank. It helps you earn more returns than a traditional bank account by investing your money in fixed-income Mutual Funds.
