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Vijya Fintech’s MIDASX raised INR 12 crore, expanded its platform with AI, and now serves 500,000 investors across India.
Vijya Fintech’s MIDASX raised INR 12 crore in a seed round, bringing total funding to INR 27 crore, and acquired an AI startup to advance its mission as India’s first open-architecture, AI-driven B2B2C multi-asset marketplace.
The platform, expanding beyond its SaaS roots, now offers stock baskets, mutual funds, bonds, unlisted equities, and corporate fixed deposits, with plans to add insurance, alternative funds, international equities, and estate planning.
It serves over 1,500 financial distributors and 500,000 investors, bolstered by the hiring of AI expert Anil Gupta as Co-Founder and Chief Investment Strategist.
The company aims to scale across India with support from family offices and ultra-high-net-worth individuals.
Arete Securities advised on the funding.
Vijya Fintech's MIDASX recaudó INR 12 crores, expandió su plataforma con AI y ahora sirve a 500,000 inversores en toda la India.