BTCC
/
BTCC Square
/
thehindubusinessline
/
🚀 Elever Blasts Off with $1.1M Pre-Series A Funding – Gunning for ₹1,000 Crore AUM Domination
🚀 Elever Blasts Off with $1.1M Pre-Series A Funding – Gunning for ₹1,000 Crore AUM Domination
14
1
Another fintech player gets a cash injection while VCs pray this one doesn’t flop.
The deal: Elever just pocketed $1.1 million in pre-Series A funding. Not quite "rocket science" money, but enough to fuel their moonshot—a ₹1,000 crore assets-under-management (AUM) target. Because what’s fintech without audacious goals and buzzword bingo?
Why it matters: Startups love throwing around AUM numbers like confetti. Elever’s betting they can actually back it up. Spoiler: The Indian wealth management space is crowded enough to give a Mumbai local train at rush hour a run for its money.
The punchline: Another day, another startup promising to disrupt finance. At least this one didn’t slap "blockchain" on the pitch deck for extra hype. Yet.
By:
