Multipl
Multipl is a Bengaluru-based SEBI-registered fintech platform that offers "spendvesting" — personalised investment advisory that helps users invest in mutual fund-style baskets and link those baskets to lifestyle spending goals such as travel, gadgets, education, insurance and weddings, combining mutual fund returns with brand-partner discounts.
Multipl: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 17 Jul 2024 | Seed | $1.5 Mn | Blume Ventures MIXI Global Investments | source |
| 10 May 2022 | Pre-Series A | $3 Mn | Blume Ventures GrowX Ventures IIFL Kotak Securities | source |
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Who founded Multipl?
Multipl was founded by Paddy Raghavan, Vikas Jain, Jags Raghavan in 2020.
How much funding has Multipl raised?
Multipl has raised $4.5 Mn across 2 tracked funding round(s), most recently on 2024-07-17. Figures are compiled from cited public sources.
Who are the investors in Multipl?
Investors in Multipl include Blume Ventures, MIXI Global Investments, GrowX Ventures, IIFL, Kotak Securities.
What does Multipl do?
Multipl is a Bengaluru-based SEBI-registered fintech platform that offers "spendvesting" — personalised investment advisory that helps users invest in mutual fund-style baskets and link those baskets to lifestyle spending goals such as travel, gadgets, education, insurance and weddings, combining mutual fund returns with brand-partner discounts.
Where is Multipl headquartered?
Multipl is headquartered in Bengaluru, Karnataka, India.
What is Multipl's business model?
Multipl's core value proposition centers on Goal-linked mutual fund investing (Spendvesting), Save now, buy later (vs. EMI/credit), Curated, time-aligned mutual funds, Mutual fund returns plus brand discounts.
How does Multipl make money?
Multipl's cited revenue streams include Brand collaboration commissions on redemption.