Wealthtech startup Infinyte.Club secures $3.6 million in funding, with Elevation leading the investment round.

Bengaluru-based wealthtech startup Infinyte.Club has secured $3.6 million in a funding round led by Elevation Capital, with contributions from angel investors including Cred founder Kunal Shah, Meesho co-founder Vidit Aatrey, Unacademy co-founder Gaurav Munjal, and Razorpay co-founder Harshil Mathur, among others. This follows a previous round in 2022, where the company raised $3.52 million from existing investors.

Founded in 2023 by Ankita Tandon and Joylita Saldanha, Infinyte.Club focuses on wealth creation and management for employees in the tech and startup sectors. The platform provides access to private investment opportunities and addresses the challenge of ESOP (employee stock ownership plan) liquidity for early employees of major Indian startups. During its private beta phase, Infinyte.Club successfully completed over 40 primary and secondary deals. The startup plans to attract more investors, expand its range of asset classes, and aims to reach around 100,000 customers this financial year.

In related news, other wealth management platforms have also recently secured funding, with Dezerv raising $32 million and Stable Money raising approximately $15 million in a round led by RTP Capital.