Home
Portfolio
Class 12
About Us
Team
iSafe
Investor Hub
arrow-icon
Founders' Hub
arrow-icon
Partners
arrow-icon
News and Views
arrow-icon
Analyst Trainee Program
Contact Us
photo
100X.VC Team
Written by various collaborators within Team 100X.VC
calendar
Jun 16, 2022
Topic
icon
icon
Latest Press Releases
Vodex.ai raised USD 2 Mn in seed fu...
Read More
abCoffee raises USD 3.4M in Series ...
Read More
Happi Planet raises $1 Mn in a stra...
Read More
Accio Robotics raises $1.8 Mn in Pr...
Read More
  • The funding round for $160,000 was led by Kishore Ganji, Keynote India, Aprameya Radhakrishna, SAT Industry and others

Mumbai, May 20, 2022

PensionBox, a digital pension app, has raised $160,000 from Kishore Ganji, Keynote India, Aprameya Radhakrishna, SAT Industry and others. The Bengaluru-based startup will use the funds to hire a strong team and build its product faster in coming months to lead the way in the pension sector in India.

Founded in 2021 by two brothers, Kuldeep Parashar and Shivam Parashar, PensionBox was born when Kuldeep and Shivam started planning for their parent’s retirement during the pandemic. They observed that there is a gap in the Indian market where it is difficult to track one’s pension. As they looked deeper, they realized that they were not alone in this; millions of Indians don’t have a retirement or  pension plan in place.

“PensionBox addresses a very important need for billions of Indians who do not have access to the  right resources to make an informed choice and then continue to track their funds easily. At 100X.VC,  it is truly heartening to see young India developing solutions for legacy systems and better serve the  Indian workforce”, addedNinad Karpe, Partner, 100X.VC.

The FinTech startup had raised a cheque from 100X.VC as part of the Fund’s Class 06 Portfolio.


 

logo-footer
100X.VC is the first Venture Capital firm to invest in early stage startups using founder friendly India SAFE Notes.
Send Your pitches to us at:
www.100x.vc/class12
For other queries, please contact us at:
Portfolio
Class 12
About Us
Team
iSafe
Partners
Investor Hub
Founders Hub
News and Views
Contact Us
© 2000-2021, All Rights Reserved