Scripbox, a Bengaluru, India-based investment service, closed a Series B round of funding of undisclosed amount.
The round was led by the philanthropic investment firm Omidyar Network with participation from existing investors Accel Partners and some angels.
The company intends to use the funds to continue to expand operations.
Launched in 2012 and led by E R Ashok Kumar, CEO, Scripbox is a brand for savings and investments in mutual funds with a portfolio of 8 scientifically pre-selected funds in 3 categories – equity, debt and tax saving, allowing people to invest in these funds through the online portal without any charges.
FinSMEs
07/07/2016