Fisdom gets $500K from TaxiForSure founders, Rob Chandra & others

wisdom

wisdomBangalore-based Finwizard Technology Pvt Ltd, which operates personal finance app Fisdom, has raised $500,000 (Rs 3.4 crore) in seed funding from TaxiForSure co-founders Aprameya Radhakrishna and Raghunandan G besides other angel investors.

Commonfloor co-founder Sumit Jain, Silicon Valley-based venture capitalist Rob Chandra, Wooqer CEO Vishal Purohit, JM Financial CEO Rajeev Chitrabhanu and Macquarie Capital’s Gaurav Gupta also put money in this round, The Economic Times, which first reported the development, said.

Subramanya SV, one of Fisdom’s co-founders, was formerly the MD of VC firm Bessemer Venture Partners. He is expected to share details on the funding shortly. Fisdom, which was started last year, will use the money raised to increase its team size and build new products.

To be updated…