Wealthtech platform BHIVE.fund raises key speculation among investors

Bhive.fund, India's fastest emerging wealth tech platform, has attracted investment from Nikhil Kamath backed Guruhas, Blume Ventures, and many other marquee investors. The funds will be used for growth, building technology that scales operations, strengthening investment teams, and educating customers about alternative asset spaces.

Wealthtech platform BHIVE.fund raises key speculation among investors

BHIVE said it will involve the capital for business development, building extensive innovation to empower clients to assess and put resources into resource classes, worldwide development and increment BHIVE's piece of the pie.

As indicated by BHIVE's proclamation, the stage is organizing the groups to get more training around the speculation choices and assist the clients with creating more financial wellbeing.

Different financial backers who took an interest in this round incorporate Alok Bajpai (CFO at Adani Connex), Durgesh Kaushik (ranking executive at Coinbase), and Madhusudan Ekambaram (CEO and fellow benefactor of KreditBee), among others.

Kamath and Pai put resources into the stage through Gruhas Proptech which was helped to establish by them. Gruhas professes to be India's biggest proptech-focussed element.

Sent off in 2021 by Shesh Rao Paplikar, Sandeep Gupta and Monnappa Bayavanda, BHIVE.fund offers retail financial backers a chance to put resources into an exceptional yield resource class of business land. BHIVE Group likewise works BHIVE Workspace which furnishes a completely outfitted work area with 24x7 access, nonstop security, wi-fi, UPS and generator reinforcement, an open office climate, among different offices.

"Nikhil and Abhijeet are large devotees that enormous disturbances are conceivable in the business land space utilizing innovation. While not all financial backers might comprehend this space well, Abhijeet accompanies an abundance of involvement and ability in the business land area, having been associated with many huge arrangements. Nikhil, obviously, is probably the greatest name in the abundance tech space," said Paplikar.

In 2017, BHIVE Workspace raised $1.2 million (around Rs 7.7 crore) in a subsidizing round drove by existing financial backer Blume Ventures. It additionally raised $1 million (around Rs 6.7 crore) in a subsidizing round drove by Blume Ventures in 2016.