Goals101, a Delhi, India-based fintech and big data analytics company, raised $3.5m in Pre-series A funding.
Nexus Venture Partners, a global venture capital firm, made the investment.
The company intends to use the funds to invest in technology & data science capabilities and expand to other geographies, namely Malaysia, UAE, Qatar, South Africa and Kenya.
Goals101 was Co-founded by Visham Sikand, Milan Naik (ex-Liberty Videocon General Insurance), Ishank Joshi (ex-Applied Mobile Labs), Anshuman Pandey (ex-Co-founder, Ziffi.com) and Anupam Bhat (ex-Airtel Africa), and also led by Raghunandan Mohapatra (ex-Standard Chartered Bank – Global), Shyam Ramamurthy (ex-Yahoo.com), Jubin Mehta (ex-Standard Chartered Bank Malaysia) and Sankat Mochan Chauhan (ex-Mu Sigma), Goals101 provides a custom designed bank platform “Alpha for Banks”, which intends to make the entire banking journey more personalised, automated and delightful.
The company currently has partnerships across 21 banking partners in Asia solving a multitude of user cases.