Tarrakki is B2B and B2C platform that aims to enable India to invest and diversify across asset classes using technology.

Basic Information

Tarrakki is B2B and B2C platform that aims to enable India to invest and diversify across asset classes using technology. Tarrakki is in the process of developing an easy-to-use, comprehensive wealth management app that enables new and seasoned investors to invest their money across various asset classes. Tarrakki also offers their technology to other fintechs who want to add wealth management services. See more

Legal Name

:

Plutonomic Savtech Pvt Ltd

Headquarters

:

Ahmedabad, Gujarat, India

Business Model

:

B2C,

B2B2C

Founding Date

:

2018

No. of Employees

:

<10

Core Team

:
1.

Saumya Shah

Co-Founder

2.

Shaily Shah

Co-Founder

Timeline
2019
true
Aug | Strategic Partnership
Tarakki partners with Nippon Mutual Fund to provide an investment-linked visa debit card for instant liquidity from Mutual Fund investments. Only app in India to link MF investment to a HDFC Bank Visa Debit Card.
Aug | Product Launch
We did a soft launch of Tarrakki for selected beta users.
Nov | Key Leadership Hire
Hired a founding team Member Ram Sharma, CA, FRM and CFA L3 candidate.

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Target Market

B2C

We are targetting millennials who understand the importance of not putting all the eggs(money) in one basket(one investment), and are open to experimenting with a myraid of digital tools to manage their financial digital footprint.

User Age

:

35 to 45, 26 to 34, 18 to 25

User Income

:

Lower-middle Income, Upper-middle Income, High Income

Location

:

India

Funding

Total Funding

$150.0k

Detail Round Breakdown

Round 1

Series Name

:

SEED

Date

:

2021