Fintech Startup Oro Wealth Raises $1.6 Mn in Series A Funding Led by Powerhouse Ventures

Mumbai-based Oro Wealth, India’s first zero commission Direct Mutual Fund Platform, has announced that it has raised $1.6 mn in Series A funding round led by Powerhouse Ventures with participation by Money Forward Inc., one of the largest publicly listed fin-tech companies in Japan; a prominent US VC Social Capital, under their Capital as a Service program; B Dash Ventures, one of the largest VCs in Japan; and other prominent angel investors including Anand Chandrsekaran, ex CPO Airtel and Dinesh Agarwal, Founder Indiamart. Existing investors M&S Partners and GSF also participated in this round.

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