Mumbai-based Fintech platform MProfit has raised close to ₹16.2 crores ($2 million) in its first ever funding round.

Some of the most prominent institutions in financial services participated in the round, namely Zerodha’s Rainmatter, Enam Holdings, Gruhas Proptech, Auxano Capital and Samarthya Investment Advisors.

Economic Laws Practice advised MProfit on this deal.

The transaction team consisted of Vinay Butani (Partner) and Faiz Thakur (Senior Associate) and Rudraksh Bhatt (Senior Associate).

MProfit is a Fintech platform that aims to consolidate investments across platforms and gain complete visibility into portfolio performance across asset classes.