Our class 01 company Pickright raised Rs. 1 crore from angel investors in a seed round of financing from various angel investors from India, London, and Singapore. Funded in November 2019 by 100X.VC, they have been on a steady streak toward growth in providing financial advisory to young, tech savvy investors.
The money will be used toward product development, marketing and enhancing the brand in the market. In a post-COVID world where everyone is looking at alternative revenue streams to sustain themselves, credible platforms like Pickright fill a critical need in the market by providing accurate and transparent solutions and advice.
Moving forward, the platform is going to be geared toward creating a highly intuitive, tailored solution for each member onboarded on the platform. The idea is to use AI and ML to create personalized financial recommendations to each user. The 100X.VC team looks forward to Archana and Namandeep’s unwavering progress and commitment toward the financial revolution they are creating.
Published on: July 3, 2020