Volt Money
2nd Floor, 1184 - HelloWorld Corporate Office, 5th Main Road, Sector 7, HSR Layout, Bengaluru, Karnataka, 560102, India
Overview
Volt Money provides instant secured loans by allowing customers to pledge mutual funds as collateral. The company raised $1.5 million in a pre-seed funding round led by Titan Capital and All In Capital. Other participants included Pravin Jadhav of RAISE Ventures, Aditi Kothari Desai of DSP Adiko Holdings, Gemba Capital, and Ashish Kehair and Rahul Jain from Nuvama Wealth. Volt plans to use the proceeds to recruit key personnel for product development and to establish beneficial partnerships. Management points to advanced digital infrastructures for KYC, account aggregator, and pledging capabilities as enabling the opportunity. Investors highlighted early traction from customers and partners as validation of market fit.
- Total raised
- $2M
- Funding rounds
- 1
- Latest round
- Seed
- Latest activity
- Jun 2023
Industries
- Finance
- Financial Services
Recent funding
Seed
Jun 2023
$2M
Team
Ankit Agarwal
CTO & Co-Founder
LinkedIn