# Multipl Fintech Solutions Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/multipl-fintech-solutions-private

- Industry: Financial Services
- Headquarters: Karnataka, India
- Website: www.multipl.in
- Total disclosed funding: $2.8M
- Latest round: Seed (Jun 1, 2022)
- Investors on record: 4

## About

Based in Bangalore, India, and founded in 2020, Multipl Fintech Solutions Pvt Ltd operates a platform that assists individuals with their savings, investments, payments, and managing their finances. The company was co-founded by Padmanabhan Raghavan (CEO) Jagannathan Raghavan (COO) and Vikas Jain. In June 2022, Multipl Fintech Solutions Private Limited, raised INR 216.25 million led by returning investor Blume Ventures, and investors GrowX Ventures, IIFL, and Kotak Securities Limited. 

The company's platform provides a "buy now, pay later" model for saving and spending on significant purchases. It encourages consistent saving to build funds before making purchases, allowing users to plan and save for their financial goals.

## Funding rounds

- Seed, Jun 1, 2022, $2.8M — Blume Ventures, IIFL Finance Ltd, GrowX Ventures, Kotak Securities

## Investors

- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Seed
- IIFL Finance Ltd — Seed
- GrowX Ventures (https://capitalatlas.ai/funds/growx-ventures) — Seed
- Kotak Securities — Seed