WealthTechNews
WealthTechNews

WealthTech India News -July 26

Finnovate Financial Services secures $2 Mn in pre-Series A

Finnovate secures $2 Mn in pre-Series A funding from a group of angel investors, including Ramakant Deshpande and others. Finnovate specialize in providing successful professionals with a disciplined approach to achieving their financial goals safely, surely, and swiftly. Its comprehensive financial planning platform is designed to add purpose and structure to your financial life, ensuring you reach your financial goals with confidence.

Mumbai based firm co-founded by Nehal Mota and Naveen Singh,

5paisa Capital Launches AlgoSpace

5paisa Capital Ltd announced the launch of AlgoSpace at its Algo Convention event at the Bombay Stock Exchange. AlgoSpace is a new algorithmic trading platform designed to make algo trading accessible to every retail trader. 

AlgoSpace by 5paisa bridges this gap by offering a curated selection of battle-tested strategies, allowing traders to focus on strategy selection rather than technical implementation

FundsIndia raises $5.2m through maiden secured NCD issuance

FundsIndia has completed its first private placement of secured non-convertible debentures (NCDs), raising approximately $5.2 million as the wealth management platform seeks to strengthen its technology infrastructure and expand its investment product offerings.

IIFL Capital Launches Algo Marketplace.

IIFL Capital Services announced the launch of its next-generation algorithmic trading platform. The platform offers access to more than 100 ready-made exchange-approved algorithmic trading strategies, making sophisticated trading tools accessible to a wider investor base. Algorithmic trading has emerged as one of the fastest-growing segments in global capital markets, driven by advances in technology, data analytics and automation.

IIFL Capital Services Ltd (formerly known as IIFL Securities Limited).

Turtlemint ,Insurtech startup made a weak debut on the stock exchanges on

Turtlemint ,Insurtech startup made a weak debut on the stock exchanges on Monday 29th June 2026, with its shares listing at Rs 134.9, an 11.25% discount to its IPO issue price of Rs 152.

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