LXME provides specialized financial products and services targeted at women, including loans, mutual funds, prepaid cards, financial education, and peer-group connections. The company was founded by Priti Rathi Gupta and Ridhi Kanoria Doongursee to empower women to make better financial decisions. LXME says it has more than 400,000 women in its community across different platforms. The startup plans to use new funding to support user acquisition and brand development across India. It also intends to invest in its technology and product stack to improve user experience and engagement. Recent fundraising improves its near-term financial position to execute those growth and product priorities.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Jun 2024