Vested Finance, an online investment platform has raised $12 million in a Series A funding round led by Ayon Capital.
Investors such as 9Unicorns, Ankur Warikoo, Dhruvil Sanghvi, and Saumil Parekh participated in the round, alongside existing investors such as Tenoneten, Ovo Fund, Wedbush Ventures, IPV, and Upscale.
The startup is planning to use the funds to scale its team globally, expand its product suite, and launch more products in the cross-border space.
Vested Finance allows Indians to make commission-free investments in US equities, and also undertake fractional investing (less than one full share of equity is known as a fractional share).