# MyShubhLife

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/myshubhlife

- Industry: Financial Services
- Headquarters: Bangalore, India
- Website: www.myshubhlife.com
- Total disclosed funding: $18M
- Latest round: Series A (Feb 25, 2021)
- Investors on record: 10

## About

Based in Bangalore, India, and founded in 2016 by CEO Monish Anand and Rahul Sekar, Datasigns Technologies Private Limited (DTPL), offers MyShubhLife, an app for all personal financial needs. The company currently operates in 12 cities of India including Mumbai, Delhi NCR, Hyderabad, Chennai, Ahmedabad, and Pune among others. In 2021, the company raised USD 4 million in funding led by Singapore-based Patamar Capital with participation from other existing investors. The company’s partners include Axis Bank, DMI Finance, Ekagrata Finance, Fullerton Finance and RBL Bank among others. 

The company’s product includes personal loans for education, medical bills, home upgrades, and emergency cash for people with no credit scores from INR 25,000 to INR 500,000 for a tenure of 1 to 4 years. Additionally, the company provides investments such as mutual fund SIPs and e-gold starting from INR 10, 000 as well as insurances for personal accident cover, COVID-19, and digital tax fillings. Datasigns also provides a corporate employee benefits program, Shubh Saathi, to allow employees with access to various financial products on the company’s app. 

DTPL generates revenue when corporates subscribe to the gold membership plan of Shubh Saathi.

Datasigns Technologies Private Limites plans to deliver financial products for the next half billion people and transform into a full-stack digital bank by 2026.

## Funding rounds

- Series A, Feb 25, 2021, $3.7M — Saama Capital, Patamar Capital, Pravega Ventures, On Mauritius, Flourish Ventures
- Series A, Sep 27, 2019, $4.4M — Saama Capital, SRI Capital, BEENEXT, Pravega Ventures, On Mauritius, Fair Finance Fund
- Series A, Aug 31, 2019, $4.2M — Saama Capital, Omidyar Network, BEENEXT, Pravega Ventures, SRI Ventures
- Series A, Aug 24, 2018, $4.2M — Saama Capital, SRI Capital, BEENEXT, Pravega Ventures
- Seed, Aug 2, 2017, $1.6M — SRI Capital, BEENEXT, Pravega Ventures

## Investors

- SRI Capital (https://capitalatlas.ai/funds/sri-capital) — Seed, Series A
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Seed, Series A
- Pravega Ventures (https://capitalatlas.ai/funds/pravega-ventures) — Seed, Series A
- Saama Capital (https://capitalatlas.ai/funds/saama-capital) — Series A
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Series A
- SRI Ventures (https://capitalatlas.ai/funds/sri-ventures) — Series A
- On Mauritius — Series A
- Fair Finance Fund — Series A
- Patamar Capital (https://capitalatlas.ai/funds/patamar-capital) — Series A
- Flourish Ventures (https://capitalatlas.ai/funds/flourish-ventures) — Series A