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FOLO, India's first real-time net worth app, has raised Rs. 10 crore in pre-seed funding to enhance its core technology and expand its user base. This funding round was backed by three leading family offices and industry veterans.

Apr 03, 2025•4 months ago

Amount Raised

₹100 Million

Round Type

pre-seed

BengaluruInformation TechnologyFintech

Description

FOLO has successfully raised Rs. 10 crore in a pre-seed funding round, backed by three leading family offices and industry veterans. The funds will be utilized to enhance FOLO's core technology and expand its user base, ensuring a seamless and secure financial experience. Founded by Munmun Desai and Vishal Purohit, FOLO is set to transform how individuals organize, track, and share their net worth

Company Information

Company

FOLO

Location

Bengaluru, Karnataka, India

About

FOLO (Family of Loved Ones) is India’s pioneering NetWorth app that provides users with a real-time, consolidated financial overview by aggregating assets, liabilities, and insurance from over 70 financial sources. The app aims to help individuals organize, track, and share their NetWorth, ensuring clarity and control over their finances. Currently in closed beta, it is set for an official launch in the summer of 2025. FOLO empowers families to manage their wealth effectively and securely.

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