Pune-based Finarkein Analytics announced seed round funding co-led by IIFL's Fintech Fund and Redstart Labs, an Info Edge company.
Aaryaman Vir Shah’s Prophetic Ventures, Pearl Agarwal’s Eximius Ventures and angels such as Shalini Chhabra of Incipia Advisors, Chirag Jain of Ashika Group also participated in the round, among others.
Kochhar & Co. advised Eximius Ventures. The transaction was led by Partner Sarika Raichur and supported by Senior Associate Sidhartha Jatar.
Spice Route Legal represented Finarkein Analytics.
AP Partners advised Redstart Labs.
The investment amount in Finarkein Analytics remains undisclosed amount.
With the newly infused funds, Finarkein Analytics is building a low/no code workflow orchestration and data analytics platform for India’s current and upcoming Open Digital Ecosystems (ODEs) like the Account Aggregator, ABDM/UHI, ONDC etc.