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Wealth management startup Scripbox Raises $10.5 Mn as part of Series D round

Shortpedia

Content Team
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Bengaluru-based Scripbox, an online mutual fund investment startup, has raised $10.5 Mn as part of Series D funding round from its existing investors Accel Partners, NLI Investment Fund, and KPB Family Trust. As per the regulatory filings accessed by Inc42, the startup is allotting 3,57,224 Series D compulsory convertible preference shares. Of the $10.5 Mn raised, Accel India will be investing $7 Mn.