Start-up Vested Finance gets pre-seed funding from Venture Catalysts
Vested was founded by Viram Shah, Darwin Arifin and Eric Huynh. Viram was previously an investment banker with J.P. Morgan while Darwin has deep knowledge in new-age technological solutions at Intel.
Venture Catalysts recently invested in Vested Finance, an investment platform dedicated to providing Indian investors access to the US stock market. The Vested platform has been conceptualized with the ultimate objective of sustainable wealth creation. Vested helps the rapidly growing investor community in India to diversify their portfolios globally via the US markets. Vested has offices both in the USA and in India. Further, India is the first market that Vested has launched in.
The Indian investor community is thriving. Currently, there are approximately 32 million retail investors and more than 60 million Mutual fund investors in India. In fact, the overall number of investors is growing at 15% annually.
Vested product is an easy-to-use online platform with zero commission charges. Vested also helps its users with the remittance process and with tax tracking.
Vested was founded by Viram Shah, Darwin Arifin and Eric Huynh. Viram was previously an investment banker with J.P. Morgan while Darwin has deep knowledge in new-age technological solutions at Intel.
Commenting on Vested’s founding story, Viram Shah, CEO and Co-Founder, said, “We all have first-hand experience of the pain of diversifying our portfolios internationally. Thus, Vested emerged as a solution that is a new-age global investment facilitation platform that enables investors to access diverse markets in an easy and affordable manner.”
Shah added, “Getting an investment from VCats has been invaluable for our growth. The resources and connections that they bring to the table have been helpful to launch our product.”
For Eric, the mentorship aspect of VCats’ huge investor network played a key role in helping understand the intricacies of India’s investment landscape. He adds, “We are excited about what VCats brings to the table for us. The connections and mentorship we have received have already been vital and we look forward to our partnership together.”
Anuj Golecha, Co-Founder Venture Catalysts said, “Vested is a one-of-its-kind platform that fills a long-felt need gap of bridging investors from all over the world to local and international markets. We believe that supporting Vested in its current phase will help them to build their product and team for rapid expansion across multiple markets.”
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