Wealthtech startup Smallcase has raised $50 million in its Series D funding round led by Elev8 Venture Partners.
The funding will be used to expand Smallcase's investment product offerings, strengthen relationships with retail investors, and consolidate its position in the wealth management space.
Smallcase offers a model portfolios platform, serving over 10 million users and facilitating over ₹1.2 lakh crore in transactions.
With the new funding, Smallcase aims to scale operations, introduce new investment products, and simplify stock investing for retail investors.