CapitalSetu, a fintech startup, has raised $350K in a seed funding round that was organized by Real Time Angel Fund. Ashish Kacholia, Vikas Khemani, Rajat Mehta, Sunaina Bhattacharya, and other private investors took part in the round as well.
The money will be used, according to CapitalSetu, to expand market share, hire key team members, and offer new business technology products over the course of the next year.
CapitalSetu is an aggregator for supply chain financing for small and medium-sized manufacturing businesses, founded by Pankaj Goel and Ayushi Gupta. Currently, it provides services all across India with a focus on saving time and money for customers. It advertises that it provides supply chain financing descriptions at competitive and unbeatable prices.
Real Time Angel Fund, an early-stage investment company, raised Rs 125 crore in the previous month. Since its founding, RTAF has made investments in 10 startups from a variety of industries, including agritech, healthtech, and fintech.
