Mool nets a seed round of funding from NextGen Technology Fund

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Mool nets a seed round of funding from NextGen Technology Fund
Mool nets a seed round of funding from NextGen Technology Fund

It employs smart algorithms and machine learning technologies to personalise finance and taxation and offers smarter investment and borrowing options

Mool Innovation Labs, which operates as a SAAS Tax saving & salary optimisation product, has received seed funding from Next Generation Incubation Scheme (NGIS) of Software Technology Parks of India (STPI). Pontaq Ventures India LLP is the fund manager of the aforesaid fund.

Mool is planning to invest the funds into charging up their go-to-market strategy, product development, and expanding the team.

Founded by Seemant Shrivastav and Subhashree Mishra in 2019, Mool aims to fundamentally change the way people deal with money starting from salary. It employs smart algorithms and machine learning technologies to personalise finance and taxation and offers smarter investment and borrowing options, as per reported by YourStory.

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