Indian fintech fund & incubator, Rainmatter Capital invests undisclosed sum in networked procurement platform Procol. Procol is a single place for live auctions, market rates, collaboration, and intelligent insights, which helps businesses save millions and thousands of hours.
Rainmatter Capital, is Bangalore based incubator provides well-equipped workspaces, mentorship, and funding ($100K-$1M) to innovative startups in the capital markets space in exchange for minority stakes.
Rainmatter Capital is an initiative by Zerodha (a top discount share broking firm), funds and incubates innovative startups in the fintech space. It has been founded by Zerodha's founders in April 2019.
Rainmatter's other investment includes CRED is a members-only app that offers you exclusive rewards for paying your credit card bill, fitness solution provider ImStrong, innovative financial products and services provider JODO, clean-label health-food brand The Whole Truth, digital banking experience startup Jupiter, QShala, an online curiosity platform designed to foster life-skills & curiosity in children and open source projects startup Frappe.
Source: Rainmatter
Last Updated, Dec 31, 2020
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