This VC fund is investing in businesses that can TRANSFORM lives, financially.
I am talking about Quona Capital.
Their plan is to invest in fintech startups in emerging markets (like India)
Quona invests in companies which eliminate middlemen and make financial instruments more accessible for small investors. Hence, bringing more power to the people!
Two of its star investments are Fisdom and CreditMantri.
⭐ Fisdom – Say Bye Bye to regular stockbrokers!
Fisdom is an online broker which assists you in goal-oriented investing. Their AI-based investing algorithms assist you in making the right choice. There is no scope for human error. Your stockbroker might be wrong but Fisdom is always right!
⭐ CreditMantri – Easy access to loans!
CreditMantri is like CarDekho. Just like you compare different cars and their prices, CreditMantri helps you compare different loans available in the market.
Quona has an impressive track record, wherein their invested startups have already:
💰 Raised close to $4 Bn in capital
💰 Employed more than 23,000 people
💰 Generated $836 Mn in revenue
💰 Enabled payment transactions in excess of $12.3 Bn
Quona Capital has recently announced the final close of its third fund at $332 Mn. The fund exceeded its initial target of $250 Mn. In my opinion, a large chunk of the fund will be deployed in the Indian market.
Therefore, it’s a great time to be an Indian Fintech startup.
Best of luck to Quona and all its portfolio companies.
#startups #fintech #investments #india #entrepreneur
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