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Expansion plans of Wealth India Financial; Rs. 20 Crore Funds Raised

Online investment these days has become really popular which made some financial services company do their best to be into this market. Among the promoters of online investment services is Wealth India Financial Services which handles the FundsIndia.com platform. It had already raised a total of Rs 20 crore from existing as well as new investors.

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The good thing with this kind of investment is that it is very easy to do and monitor. This is why it is getting the favor of a lot of people and investors. The money that will be raised would be used for growing the business both in terms of expanding customer base and enhancing its platform. This idea was led by venture capital firm Foundation Capital with some help from their current investors like Investus Capital.

According to WIFS CEO C R Chandrasekar, the funding is able to empower them in reaching a bigger market and also help them in improving the services that they offer. This fund would surely help their business make a great leap when it comes to development.

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