{"id":577004,"date":"2026-03-31T20:33:26","date_gmt":"2026-03-31T20:33:26","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/577004\/"},"modified":"2026-03-31T20:33:26","modified_gmt":"2026-03-31T20:33:26","slug":"wealth-management-startup-bachatt-bags-12-million-from-accel-lightspeed-and-infoedge-ventures","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/577004\/","title":{"rendered":"Wealth management startup Bachatt bags $12 million from Accel, Lightspeed and InfoEdge Ventures"},"content":{"rendered":"

Savings and wealth management startup<\/a> Bachatt has secured $12 million in a fresh funding round led by early-stage venture firm Accel.<\/p>\n

The round also saw participation from existing investors Lightspeed and InfoEdge Ventures<\/a>.<\/p>\n

ET had reported on March 23, that Bachatt is looking to close this round with Accel<\/a>.<\/p>\n

In a statement, the company said that the funds will be used to scale up its platform and build wealth and credit solutions for its users.<\/p>\n

Bachatt targets small businesses such as shops, jewelry stores and dealerships, offering them daily savings services<\/a> that can be invested across mutual funds and digital gold. The company believes that there is a population of 300 million that fits into its product design and can be a target.<\/p>\n

In a statement, Bachatt said it has already executed more than 2 million mutual fund transactions<\/a> through the app. Over the next two years, it intends to reach a user base of 30 million. <\/p>\n

The startup has invested in multiple features to make investments in mutual funds simpler for self-employed individuals.<\/p>\n

\u201cWe want to build 5-6 financial solutions, specially curated & tailored for them. We started with a debt fixed income savings solution, and are now adding two new solutions: AI-led wealth and credit,\u201d said Anugrah Jain, founder, Bachatt.<\/p>\n

The company has built an AI-powered tool that can analyse mutual funds and market sentiments to offer tailor-made solutions for this segment of the Indian population.<\/p>\n

\u201cBy combining trust with a daily SIP model, they are aligning purchases with real incomes and unlocking access to new products to the large self-employed segment,\u201d said Pratik Agarwal, partner, Accel.<\/p>\n","protected":false},"excerpt":{"rendered":"Savings and wealth management startup Bachatt has secured $12 million in a fresh funding round led by early-stage…\n","protected":false},"author":2,"featured_media":577005,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[282988,282992,64,63,282986,99,282994,282993,186,282990,282989,282991,184,185,282987],"class_list":{"0":"post-577004","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-accel-investment","9":"tag-ai-powered-investment-tools","10":"tag-au","11":"tag-australia","12":"tag-bachatt-funding","13":"tag-business","14":"tag-credit-solutions-for-small-businesses","15":"tag-daily-savings-services","16":"tag-finance","17":"tag-infoedge-ventures","18":"tag-lightspeed-ventures","19":"tag-mutual-fund-transactions","20":"tag-personal-finance","21":"tag-personalfinance","22":"tag-wealth-management-startup"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/577004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=577004"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/577004\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/577005"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=577004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=577004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=577004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}