Fintech startup Fixerra gets Rs 14 crore seed funding
With the rebranding, Fixerra expands its horizon to be a comprehensive banking service provider. Fixerra will help digital businesses launch banking products quickly and compliantly.
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Finance startup Fixerra Pvt Ltd, which was formerly known as Fixed Invest, has raised Rs 14 crore ($1.68 million) in a seed round from marquee Angel investors and family offices, the company announced on Wednesday, January 24.
With the rebranding, Fixerra expands its horizon to be a comprehensive banking service provider. Fixerra will help digital businesses launch banking products quickly and compliantly.
In the round, investors like Jaideep Hansraj, managing director of Kotak Securities; Shailesh Haribhakti, chairman of Shailesh Haribhakti & Associates; Oisharya Das, CEO of Kotak Private, participated along with some investors from the family office of Harish Shah, an industrialist and managing director of Signet Excipients Pvt Ltd along with angel investor Shivang Desai.
Fixerra is an integrated finance firm that helps digital enterprises create financial solutions rapidly and compliantly. It has developed an easy-to-integrate fixed deposit gateway through agreements with seven banks and NBFCs.
The platform integrates API-enabled banking infrastructure with various deposit-taking financial institutions to address the whole fixed deposit lifecycle, from discovery to post-investment services.
Fixerra is currently extending its financial connections and refining its solution with new features.
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