Financial wellness and literacy Zactor Tech raised undisclosed Pre-seed funding

In its pre-seed round, Zactor Tech, a company focused on financial wellness and literacy, raised an undisclosed sum of money at a $3 million valuation, with HNIs leading the investment.

According to a press release from Zactor, the money will go toward user acquisition, financial literacy, and product development.

Abhishek Walia and Shivam Parihar co-founded the digital personal finance platform Zactor in 2023. Zactor focuses on using technology to modernize personal finance, covering all areas such as insurance planning, investments, retirement, and goals.

With over seven years of combined wealth management experience, the pair has recognized a significant gap in the personal finance industry and is working to create India’s first financial wellness platform, which will offer each user a customized financial path.

It provides a platform for goal-based saving so users can keep their financial wealth.

Zactor reports a two-fold increase in monthly users over the previous six months.