Smartkarma, a Singapore-based global investment research network, received a strategic investment from Singapore Exchange (SGX).
Existing investors including Sequoia India and Wavemaker Partners also participated in this deal, whose amouunt was not disclosed.
The company intends to use the funds to continue to expand operations and its globally.
Led by Raghav Kapoor, Co-Founder and CEO, and Jon Foster, Co-Founder and Chairman, Smartkarma is a global investment research network, made up of independent Insight Providers who produce, curate, and publish unbiased intelligence for institutional investors. It provides independent analysis on companies, markets, and industries across the world. This includes areas under-reported by mainstream market coverage, including Event-Driven, IPOs & placements, and small/mid cap equities.
The company’s online platform allows the buy-side to set their own real-time alerts, customize their reading lists, directly contact Insight Providers, and remain MiFID II-compliant.