The wealthtech startup will use the funds to build a plug-and-play stock advisory layer to power existing brokerage accounts, including Zerodha, Upstox, and Groww
Liquide, an on-demand investment advisory wealthtech startup for stock investors, raised $2.2 million in a pre-seed round from Singapore-based M Venture Partners.
The funding round also saw participation from angel investors, including Kunal Shah (CRED), Shashvat Nakrani and Suhail Sameer (BharatPe), Ruchi Kalra, Ashish Mohapatra and other members of Founders Fund (OfBusiness), Chaitanya Peddi, Jayant Paleti, and Rohit Chennamaneni (Darwinbox), Pradeep Parameswaran (Uber), Shantanu Deshpande (The Bombay Shaving Company), Rahul Chaudhary and Sidharth Gupta (Treebo), Kunal Suri (SimSim), Siddharth Jayanty (SoftBank), Amitabh Mall (Woolworths), and Sandeep Singh, Rajeev Kumar, and Sakshi Sinha (Alkem).
The wealthtech startup will use the funds to build a plug-and-play stock advisory layer to power existing brokerage accounts, including Zerodha, Upstox, and Groww.
The capital will also enhance Liquide’s equity research and analytics capabilities and accelerate product development and testing.
The Bengaluru-based company aims to change the way Indians invest in stocks and plans to go live this month for NRI investors across six countries—Singapore, the US, Canada, the UK, UAE, and Australia.
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